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Does loss of reputation cause loss of privileges?

If I were to create a bounty for, say, 50 reputation, would I lose all the privileges that came with those 50 rep, and then have to earn them back? I just want to make sure I understand.

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marked as duplicate by jonsca, Manishearth, animuson, Cody Gray, Pops May 28 '12 at 15:54

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up vote 8 down vote accepted

If the deduction of the bounty pushes your rep under a privilege threshold, you lose the privilege(s) until your reputation rises above the threshold again. Privileges are reputation-based, it doesn't matter in which way your reputation drops below a threshold.

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Thanks, that explains it –  Ian May 28 '12 at 1:14
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