By mistake I started a bounty and lost 200 reputation points leaving me with only 215.
Is there a way to remove this bounty function from your own question?
Bounties in play:
Meta Stack Exchange is a question and answer site for meta-discussion of the Stack Exchange family of Q&A websites. It only takes a minute to sign up.Sign up to join this community
I somewhat doubt that it could be removed, since that'd allow the potential to "game the system" by starting bounties, getting people to reply, and then removing them.
I wouldn't worry too much about reputation - it's fairly easy to acquire over time if you're active on the site, and if you're not active, then it doesn't really matter anyways.
While I don't think the system needs changing, in fairness I suppose it could be possible set up a new feature to allow bounties to be removed as long as it was within, say 60 seconds, and no answers had been received. Maybe even if no views had been registered, to be super-strict.
But, as Jeff points out, there is a confirmation, and the permanence is quite explicit, so I don't think there's much added value with such a hypothetical feature request.