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.
This is simple, very few investors are humble enough to accept that they are going to make mistakes from time to time, so when they lose money instead of accepting it and trying to find a way to improve themselves they take the easy way out and try to blame others for their losses, you may think this is something that happens only to amateur investors but even some of the most famous investors do this and blame others for their losses, and when we take into account that bounty hunters are known for dumping their coins as soon as they can it is easy to see why they are blamed when a coin dumps.