So the million dollar question is, should I start over or wait to se if my site will get back? My site were on page 2 and now on page 15...
Start again and Try to get 1000's of Web 2.0 Contextual Links indexed..They helped to recover for few clients sites. but Need to Plan Proper.
Your best bet is to either remove the website entirely and start again by transferring over posts to a new website, while working on higher quality links, instead of the usual shit, or, leave the website there, and make a new website while waiting for your rankings to return - which could take from several months until never. But since it's likely that either way you'll be starting a new site, leaving it there wouldn't hurt - unless you have to pay for it monthly.