If not, there could be endless discussions in case of non-acceptances if actually something should have been accept or some might think so.
I think of a bounty as serving a twofold purpose: offering extra points to somebody that might answer but also giving general extra visibility. The latter is at least as important, IMO. (Because for the former, I mean how likely is it somebody will not answer something they could answer, but will be convinced to answer by, say, 100 points extra. Just seems unlikely to me.)
Thus, one has to 'pay' for this extra visibility, like for an advertisement. (In the end I am even in favor of loosing points in case of no answer, else people could place bounties on essentially unanswerable things and just clutter up the "featured" category.)
]]>If no answer is accepted by the OP before the bounty period is up, then no bounty should be awarded, and certainly the OP should not lose any bounty points.
]]>Yes, the points for a bounty are always 'lost' for the user placing it.
For who gets them there are different scenarios, roughly: if you accept some answer (not yours) the points go to that user (this is the clearest case); if you do not accept an answer before the end of bounty, the highest scoring answer (if there is one and its score is at least 2) is automatically accepted at the end of the bounty and half the bounty is awareded and the rest discarded [in case of "draw", the bounty is split, I do not know how it is decided who gets the 'accept' nor what happens if OP's answer is highest scoring]; if there is no answer with a score of at least two the bounty is simply discarded.
]]>MO currently runs on a software that is not actively developped (SE1.0). There is no way to change this or most anything.
If/when MO will switch to SE2.0 the situation will be automatically a bit different as there CW mode is at least in principle reversible (by moderators); at least I infer so from some things I read on meta.math.SE. [In addition it will be possible to lobby for changes of the software at SE.]
The fact that you did not get bounty points is independent of CW mode; it is due to the fact you answered your own question. Nothing wrong with that in general, but one does not get bounty points in such a case.
Personal comment: in almost all cases repeated minor edits are IMO more somewhat annoying 'noise' than something beneficial, so I am glad they are somwhat discouraged by this feature.
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