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The reason there is low bounty out there is everyone is sinking so much. If everyone used MY method instead of YOURS they would be worth 100 gold bounty per pirate which would be 900 gold for a full war sloop initial bounty.
The main REASON there is very very very little loot in SVS starting out is DISNEY made it nearly a zero negative impact when your ship sinks. The cost to repair or replace a ship ANY ship is so little that everyone treats their ships like disposable lighters.
Easily replaced. I believe if your ships sinks you should have to cough up the full replacement cost. If you had to shell out $20,000 gold every time your war sloop sank you would think twice about making a poor tactical decision.
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