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If you're looking for someone to "blame", I think you need to look at the developers who came up with the initial distribution method. They're the ones who (probably unknowingly) gave 500k CLAMs to a single person. In retrospect, rewarding people with CLAMs for filling the BTC blockchain with unspent outputs wasn't the best idea. The rest was pretty much inevitable from that point. Each market participant acts in their own perceived best interest.
I agree with the second part of your post, the dev team should have thought this better but also I should ve thought this better when joining CLAM.
Someone could criticize BTC in the same way: there are "whales" (e.g., Satoshi) and so don't join up. Do you have the same concerns about BTC?
Killing the dig is the only option I can think of for CLAM to survive. If I am mistaken and there s something wrong with my logic, pls show me where I am wrong. I am an easy guy to talk to.
So, dev team, community, where do we go from here? What is the way out? Sitting and doing nothing isnt cause one does not need to be a genius to figure out where all this is gonna end if nothing s being done.
It's not clear to me how this will end up if nothing is changed.
The current selling by curious and (even perhaps moreso) other people is pushing down the price a lot. That's bad.
Eventually curious won't have such a large stash to sell (same for the people who are choosing to get out now) and there will be fewer clams on the market. That's good.
Some people will be afraid of a future whale digger and will stay away from Clams. That's bad.
Some people will hear someone got a free six figure jackpot from Clams initial distribution and then take the time to look into Clams. That's good.
I'm not saying you're wrong. I'm only saying it's not clear to me you're right.