I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.
I agree with you mate ! It really not necessary to blame bounty hunters for the dumping of tokens for the reasons that the amount of token allocated to bounties are usually below 5%, in this case there is no chance that the price of token will be affected unless there are some other holders of that token that sell theirs aside from bounty hunters. And at the first place, bounty hunters are the ones who help the ICO more successful in the way of promoting.