You're not a legendary yet. I don't know what your post is about but if you keep it updated then I'm certainly fine with that. The post I'm referring to was not yours. But is this the sort of thing we're going to see now. People running around patting all their friends on the back for posts they did years ago. Is that really what it's supposed to be?
I've wasted 21 sMerit on satoshi. I'm sorry. He's not even my friend, I just felt like he deserved it (In my defense, he isnt a legendary yet).
I've still got over 300 sMerlit left and I promise to use them more considered.
Are there controls in place to prevent someone from granting merit to their own post?
Yes, try it.
1) Sending merits to another member will result in deduction from the merit of original poster ?
Read the OP, read the first reply with a dumbed down explanation.
3) Can merit be given for thread responses also or is it only for new threads opened by a member ?
Any post.
2) Do you have some protection to prevent buying and selling of sendable merits ?
It's restricted. Banhammer, I guess?!