Does anyone think there will be any bounties and how do you guys think it would work? I doubt you would be able to kill npc's as its on a mega server but I would imagine assaults would snag you a bounty. Would we maybe see something that lets us attack someone if they were in a place where they had a high bounty and maybe let whoever did it claim a bounty, maybe you would have to approach the person and give them a chance to pay it off like a bounty collector. How do you guys think it will play out?

Not until they add the Thieves Guild.

There will be no pvp outside of Cyrodill.

but still, do you think we will see bounties? Or will the npc's just stand there starring blankly as you swing at them doing no damage.

If you're fighting an NPC, they're probably going to attack back.

yes, because we all know how merchants will absolutely destroy players who will likely be clad in armour and weapons... The question still stands as to whether or not there be a bounty system in ESO.

Fighting actual merchants? No. Bounties for random non-important NPCs? Probably not.