50% of the token supply and even more goes to pre-sale and public sale which gives the team the required amount needed, then 2.5% goes to the community for airdrop+bounty+bonuses which is where the hunters share from. The pre-sale and private sales usually goes for much lower prices with good discounts compared to the public ICO, which is why it's very attractive to the early investors which later turn to early dumpers. Then after launch, those that bought from pre-sale and ICO dumps the large portion of the coin and forces the price down yet they still feels that it's the 2.5% that the hunters share with airdrop and bonuses that made their price to go down.
I agree with your argument. Looking at the percentage share of the bounty hunters compared to investors, you cannot just blame it all to bounty hunters because they only have a little share and then if the pre-sale investors were able to get the coin at half its value then most likely they can still benefit from it even though they would dump their coin below ICO price. There are times too when the team would dump their coin because they are either scam or just need the funds.
Exactly my point, and the more they keep blaming the wrong set of people, they more they will keep making the mistake and everyone of us in the community will still be sharing from the result of the mistakes and sometimes the team might just attempt to reduce the quantity distributed to the bounty hunters thereby making them get discouraged and to other campaign