Your recollection of what triggered the initial dump to 10 cents is not accurate. It wasn't "some stakeholders" that decided to dump a few weeks after the airdrop. The crash happened when Upbit distributed their portion of the airdrop to the traders on that exchange.
Correct, that's what I meant. But thanks for writing it up in detail!
Semantics aside, your point that having funds locked is beneficial to speculators in detriment of vested holders is on the mark. It's quite obvious, people buying the coin on exchanges are guaranteed not to lose by virtue of the vested stakeholders dumping on them.
Excatly!
On the other hand HP holders can earn from the vesting and curation rewards so the advantage flips to them on that front so the issue is not cut and dry. The real question is where does it all balance out.