Destiny was officially announced Feb/20/2013, and Bungie was bean working on it for a long time. Destiny [b]was[/b] going to be released on December/November of this year, but both Destiny and cod ghosts are being published by Activition and cod ghosts is being released on November 2013, so Destiny was pushed back on to 2014. Destiny should be finished before this year ends so ...
My best guess is February 2014, after Valentine's Day.
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As much as I would like it to come out as early as possible, I want them to take their time to make this as good as they can. It will be all the more better when it comes out.