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Why Do People Buy & Sell Old Social Media Accounts? - Phones - Nairaland

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Universal Charger: Do People Still Use This? / Why Do Nigerians Buy/sell Social Media Accounts And What Are The Implications? / How To Protect Your Social Media Accounts From Being Hacked (2) (3) (4)

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Why Do People Buy & Sell Old Social Media Accounts? by TheStakeHolder(m): 8:45am On May 23
What do people who buy old social media accounts use them for?

This has become a trend. You see people asking to buy old Facebook and Twitter accounts for between 5k to 7k.

Is it safe to sell your old social media accounts?

Are these accounts used for fraud? If no, then what exactly are these accounts used for.

What can these old social media accounts do that the new ones cannot?

Anyone with good knowledge of this should please educate the house.

I'm sure a lot are in the dark about this.

Mods please let people know about this on going trend.

66 Likes 6 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by NwaNimo1(m): 7:45pm On May 23
Op - sell me your NL account



You go receive sense small...

226 Likes 19 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by serenity247: 7:45pm On May 23
They even hack into people account these day

119 Likes 5 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by ClassicMan202(m): 7:45pm On May 23
G-bois, bombers, yahoo boys.... oya come and answer o

60 Likes 4 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by Sweetamara2: 7:45pm On May 23
Fraudsters buy old social media accounts to advertise various scam to a large audience, posts might include anything from investment opportunities to items or services for sale. They will also send direct messages to people trying to extract money or personal data which can then be used to access bank accounts and cards.

96 Likes 7 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by inoki247: 7:45pm On May 23
lol You just come this world abi..


na for bombing na...

and the ones that buy pages wey get plenty followers na for marketing nd still fit use am run scam...

32 Likes 3 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by AirBay: 7:45pm On May 23
lipsrsealed
Re: Why Do People Buy & Sell Old Social Media Accounts? by slawormiir: 7:46pm On May 23
Damnnn niggarrrr
Bros op is not a real niggarr

Pussy asss niggarrrz everywhere

180 Likes 20 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by MetroBaba1(m): 7:46pm On May 23
Why you dey ask? Are you jobless?

22 Likes 2 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by A305: 7:46pm On May 23
Majority of buyers are fraudsters who buy old accounts especially Facebook for fraud purpose. And the others buys for business advertisement purpose, basically old IG account with lots of followers.

-Business Purpose

Some online business traders especially those in eCommerce regularly need old (Facebook and Instagram) to advertise their business; sometimes though, FB suspend or terminate their account(s) for violation of term of service, so they buy old accounts to enable them pay for Ads to get their business seen online.


-Fraud Purpose

These fraudsters (Yahoo Yahoo boys), are constantly online (fb, IG and other dating sites) surfing to find their next vulnerable victim (client) to defraud. This process is called BOMBING. You cannot bomb a website vigorously without the AI not flagging the account for suspicious activity. When FB AI flags the account suspicious activity, the account gets suspended and terminated. But a yahoo boy never gives up, he considers buying another (old account) as investment to enable him CASH OUT one day.


These set of people (old account buyers) cannot register new account because new accounts are sensitive to odd patterns which quickly triggers the AI for flagging and termination, And not to mention, getting a new phone number to verify new account is almost time consuming so they rather buy another old account.

141 Likes 14 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by GeneralPula: 7:46pm On May 23
Lol
Re: Why Do People Buy & Sell Old Social Media Accounts? by RisenJoe(m): 7:46pm On May 23
You aren't street wise then

6 Likes 1 Share

Re: Why Do People Buy & Sell Old Social Media Accounts? by Marleek(m): 7:46pm On May 23
I believe its mostly for fraud. Have you ever checked your Facebook friend's list and seen white people (naija scammers obviously) and you don't remember sending a request to any oyinbo? The thing is Facebook usually blocks new accounts created by these fraudsters because they've marked their IP addresses. That's why they rather hack someone's account rather than create a new one. And also old accounts look legitimate. Their targets will easily fall victim to an account created in May 2009 than one created in May 2021.

154 Likes 8 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by Felabrity: 7:46pm On May 23
Yahoo boys

2 Likes 2 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by DashDolls(m): 7:46pm On May 23
.

2 Likes 3 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by savcy(m): 7:46pm On May 23
Anyone asking to buy your old Facebook account is out to use it for fraud purposes. Old accounts are like those old pendulum clocks that was much sought after few years back. They have something, like a security feature that makes impersonation easier compared to the newly created ones. In essence, don't ever sell for any reason. You might just get yourself in trouble.

45 Likes 6 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by Jas80: 7:46pm On May 23
They are used for fraud

2 Likes 2 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by iheanyi40(m): 7:46pm On May 23
grin
Re: Why Do People Buy & Sell Old Social Media Accounts? by iampeterben(m): 7:46pm On May 23
Now waiting to learn from our social media gurus before I contribute.

1 Like 1 Share

Re: Why Do People Buy & Sell Old Social Media Accounts? by Atikulated: 7:46pm On May 23
E Taya me...

Waiting for our social media entrepreneurs to come and explain what they are doing with all accounts.

1 Like 1 Share

Re: Why Do People Buy & Sell Old Social Media Accounts? by EkelediliBuhari: 7:46pm On May 23
Older accounts are easier to use for fraud, marketing or generally anything that requires a lot of activity. This is so because the system is less likely to classify it as spam

Also people trust older accounts because it seems like you have been on for a while

This is my two cents

My face book is 2009 or so
And my Twitter is 2008

If I broke now I go just sell them and blow grin grin

11 Likes

Re: Why Do People Buy & Sell Old Social Media Accounts? by phemmie06(m): 7:46pm On May 23
Ask those who buy them.

1 Like 2 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by Anthony478(m): 7:46pm On May 23
.
Re: Why Do People Buy & Sell Old Social Media Accounts? by Augla1: 7:46pm On May 23
See question oooo
OP, which planet you dey, abeg?
Re: Why Do People Buy & Sell Old Social Media Accounts? by Dozie32(m): 7:46pm On May 23
Its just for scam, if you wanna sell yours. Their are tons or folks here that would wanna buy yours asap .

1 Like 1 Share

Re: Why Do People Buy & Sell Old Social Media Accounts? by MANNABBQGRILLS: 7:47pm On May 23
Here is one of the several ways we make money online in foreign currencies, working with the right people that see your online presence.
That is why we always tell Naija youths to monetize the time they spend online, make money for themselves, family and for their future.
There are multi ways to make legit and genuine money online guys.
That is why we always appreciate your mention and quotes daily.
God bless all the people that quote us, with each quote, that is few foreign currency added to the Azzaro!
Una dooo.....




This is a story of a 23-year-old who has made $120,000 buying and selling Instagram accounts

It’s his full-time job, and he’s flipped more than 1,000 pages

He sells the accounts on his website.
To flip a house, you buy cheap, add some value, and resell fast.
The same can be done on Instagram.

Users are purchasing Instagram pages, growing their followings, and then reselling them at a higher price for profit.
Buying and selling accounts violates Instagram’s terms of use.
But some of these users, like 23-year-old Ramy Halloun, have made flipping Instagram FB pages their full-time career.
Users who are found to have bought or sold accounts risk getting banned from the platform.

Halloun runs a website.
It’s a registered business that sells accounts.
He’s sold more than 1,200 pages and said he makes over $30,000 annually from the business. L
Thus far, he’s made a total of $120,000.

“I started selling accounts five years ago,” he said. “I created a fashion Instagram page because I like fashion. People followed it, and then I sold it for $30.”

Soon after he sold his fashion page, he found several Reddit forums where other users were trying to sell their accounts. He realized he could make some money. “I started making more accounts and reselling other accounts until I made a formal business,” Halloun told MarketWatch.

Go out there and make genuine money guys.
One love!

10 Likes 5 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by Coronavirus84: 7:47pm On May 23
Op the question should be why do criminals buy old Facebook account and others? Awon wire wire boys everywhere

1 Like 2 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by Nwaotu10(m): 7:47pm On May 23
Ask that boy shouting "Damn nigga" up and down. Na dem grin grin grin

45 Likes 4 Shares

Re: Why Do People Buy & Sell Old Social Media Accounts? by YoungLionken(m): 7:47pm On May 23
For cyber crime...
Re: Why Do People Buy & Sell Old Social Media Accounts? by bukxy(m): 7:47pm On May 23
lol,see this one.

9 years old facebook account for sale,
send dm

9 Likes 1 Share

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