There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
You made a very good point. Several projects are swift in blaming bounty hunters for the dump in value of their tokens when in actual fact, the major dump are caused by the team members who are hiding in the charade of bounty hunters. Bounty hunters hold only a very minute portion of the total supply, and the huge chunk is held by the team.
That is how bias the world through bounty hunters. They tend to put the blame to bounty hunters where they don't really hold a huge part of the supply and their bounty is not actually affect the price of the market.