As I have noticed these days, when the ICO hasnt finished yet and the sale was still on going, the bounty tokens has already been distributed and also unlocked they sell it immediately on forkdelta or etherdelta for a much lower that ICO price, in which it could greatly disturb the sales in tokens. As for you the investor on that token, would you panic when you see that the tokens you own already selling at much lower price?
I've taken part in my fair share of bounty campaigns and i can assure you that there isn't a single bounty campaign out there in which I've taken part where I or any other bounty hunter have received their share of tokens before the Pre-ICO and ICO investor. So, i think that you are gravely mistaken in your statement. I agree with you, as far as the price going down because of the bounty hunters dumping their tokens is concerned.