let's say a user has 300 reputation points (allows you to create new tags) and then he starts a bounty which costs him 50 points, Will he lose the ability to create the new tags or once certain reputation is achieved the privileges are saved?
1 Answer
Yes, you will lose privileges.
See https://serverfault.com/help/bounty
If your new reputation brings you below the requirement for any privileges, you will lose access to those privileges.