This can be particularly frustrating for a number of reasons by creating a new account you lose your existing contacts, data and Skype credits which you may already have. If you attempt to sign into this version of Skype you are prompted to create a Microsoft account and there is no option to sign in using your existing Skype account details. If you have recently purchased a laptop or computer with Windows 8 or 8.1 installed you would have noticed you get the Skype application or 'modern Skype' already pre-installed.