At lvl 16 with travel runs I could afford to do 10 bounties a day on anyone level 1-30 and still afford my daily xanax. That seems too cheap to me. The other day when someone mugged me simply because it was the first person to show the name of the mugger I bountied them 10 times for just 2 mil.
Increase the base cost of bountying to 500k increases normaly after lvl 50.
I like a sysem where I can bounty at will but as it is now you can bounty lower level players on a whim. I havent ever been bountied, which will probably change once this is posted, but I think this change is needed.