Rankings dropped, should I start a new website?

[buysocialexposure]

Hello, my rankings dropped last year (penguin update) - I think it was April 2012 and the website went from 300 visitors per day to 10 per day.

This probably happened because I bought links, but I also did a lot of manual and natural SEO (at that time).

After the drop, I didn't know what to do... so I did some manual SEO, blog comments, forum posts, article publications (lets say 60 links in total - with diverse anchor texts - brand keywords, etc) and then I paused working on the site to see if there will be any changes... and 1 year latter, there are still no changes.

My site used to be in the top results of the first page and now it is totally out of Google.

http://getmoreyoutubeviews.com

Should I move on and start a new website or do something to fix this one?

Thanks

Alex

[IOSC]

Well, it depends on how much this site means to you.  It sounds like you got hit by Google, and once that happens the road to recovery is not easy -- as you are seeing -- but also not always possible.  Getting rid of paid links, writing blog comments , forum posts and article pubs. are not strong enough to turn the tide.  I don't want to tell you what to do, but from what I understand (I have not had to attempt a recovery personally) it will be easier to get a new site up and ranking.