Account sales minimum value to prevent scammers.

Account section suggestion, Minimum value to prevent scammers.​

TLDR VERSION, REMOVE THE REALLY CHEAP OBVIOUS SCAM LISTINGS.

I had a customer come to me who had bought a maxed main with all the trimmings b gloves voids lunars everything for 180m and had it recovered for for 500m+ bank

someone who knows thee market knows an account that for that price is extremely likely to be a scam. but new users do not..
How it happens

The account sales section has been pestered with scammers selling very very nice accounts extremely cheap to entice victims.

They build up a little bit of feedback then sell a high end account for well under half the price from trusted sellers

This is leading to multiple scams every month, Anyone who follows the dispute section can see them and im sure alot of them could be avoided

Suggestion to fix/Decrease the ammount

I suggest a minimum price (total xp times x)

This should be a very low amount like 2 or 3x to ensure account prices in normal circumstances are not effected

But it should cover the crazy listings like a maxed b gloves zerker with 94 magic 99 range for 80m

in 95% of cases these sales lead to scams

and the 1/20 who sell that cheap in legit circumstances i.e. they need cash fast will likely regret it down the line and possibly scam

Example of Account minimum value

If the minimum value is set Total xp times 3
Accounts would have to be listed with total xp visible (end digits could be blured for safety if they like)

max mains with range and mage (78m xp would be 234M)
maxed main staker mimum (52m total xp would be 156m)
maxed zerks (30-50mxp would be 90-150m)
Max pure (39m xp would be 117M)
Normal low level accs wouldnt be effected as they have pretty low xp
like a 70 70 70 nmz account only has 2.2m xp so it would be 6.6m

It may not be a perfect system but surely something can be done to prevent these sales

any thoughts and other ideas very welcome

 

I agree, sometimes it is really obvious an account will most likely be recovered simply by looking at the price it is for sale for. Right now we cant do anything about that. On the other side Sythe is an open market so you shouldnt mess around with the freedom of setting prices too much

 

Price fixing doesn't work in real world markets so not sure how this could work. The scammers will just charge the new minimum and probably get even more from the sale with the added caveat people feel safer because it's more expensive

 

How would this help they would just sell it for the minimum price

 

Its just very obvious sometimes

Minimum seller requirements helps alot with the small scams they cant just scam, make a new forum acc, scam again

but it drives them to build the rep, sell hi end,recover,repeat

 

removes the appeal to and ability to buy extremely cheap obvious scam accs

drives price up closer to the safer options
stops scammers diluting the market

it has a few obvious benefits and I cant think of many draw backs apart from moderation
could be wrong tho.

 

If its so obvious why are ppl buying these accounts ppl will still fall for these scams.

 

They are new to the market and do not know how easy they are recovered. as stated above.

Its only obvious if you have seen it before.

 

Yea i remember someone made a thread about trying to regulate max main rentals and it didnt end well. Btw rip XRP

 

Best case scenario would be to give twc in these obv situations, but sythe doesn't have any mods experienced in this market as far as i'm aware(trading once a week/month is not experience) so that's not gonna happen, even if it did they would most likely provide more false flags than actual scammers

 

cant do it for people who sell mass low lvl accounts, another suggestion is extra verification to prove ur not a ban evader before accessing the create thread button

 

This goes against sythe's free market policy by putting these market regulations, this case a price floor. I highly doubt this will go anywhere just based on that fact. Though I understand where and why this suggestion came from.

Another thing is who determines the value of the accounts, would there be multiple opinions/evaluations to calculate the base prices for accounts, in order to removed bias and calculation errors.

 

Extra verification Idea is great, I doubt they would restrict the market though.

 

Account market just needs limited to verified sellers like PA does it tbh.

I dislike & like PA for many reasons but their account policys are effective, I saw somewhere PA posted that their average recovery rate is like 3% which is insane when u consider the volume that's moved a day over there for accounts.

Honestly the free market argument is fine, I want every market to stay free that doesn't pose a stupid high risk, this is one market I would be fine with restricting to verified sellers only.

Literally create a Verified account seller rank, make a application process like OMM(but without its shit bias), restrict the forum board posting to usergroup Verified account seller & call it done, could have done that myself in an hour or less and prevented 10,000 scams.


Who cares if the account seller scammers move to a different forum? There's nowhere else to go. Make the idiots find another market to scam in.

This problem has been discussed 100x over, clearly the current market stance is not working. I bet accounts sold through Sythe have a 30-40% recovery rate.

You don't see problems arising when Arcus sells, Divica sells, my own site, Won_gold, and we probably sell more accounts than the individuals put together.

Another thing that needs to happen is to restrict the account market forum from TWC users, that makes no sense to allow TWC users to sell accounts.

 

Support a system like this to be implemented.

If this system is too complex/hard to mange, just leave the section as is, especially since there are informative stickies reminding members the huge risks of account sales.

 

well dunno some forums have restictions to certain sections based on verification or posts etc, sythe only has filtered restrictions based on mod or donor i think

 

Yeah this won’t pass people are free to value their account at whatever price, the focus should be educating users instead.