I think not only bountie hunters are to blame for the problem. It will certainly be a mix of bountie hunters, investors and maybe the ico owner himself. Therefore, i would not just blame one group of people for it.
We don't need to have a mentality like these, if there is a problem, we don't have to blame only a certain group, it is a very huge problem, and a part of a group should not be responsible for that problem, it has to be everybody! I do appreciate your post, i just added some of my opinion.