Disappearing asterisks is just terrible UX. It should turn bold but keep the asterisk displayed so you can still edit as normal.
The bullet point problem is fixed by only bolding when the asterisks are on either end of word characters.
What ought, amn't
> It should turn bold but keep the asterisk displayed so you can still edit as normal.
This is just terrible UI, why do you need garbage marks when you already have bold? And you can edit "as normal" if you like, but that only requires displaying asterisks during that tiny % of time you edit the word, not all the time when you read it or edit something else.