Help? Is there any point continuing?

Hey there everybody, I have a few questions to ask and I think this is probably the best place to ask for advice.

I think I joined the blackhat seo world at the completely wrong time, a few days before the penguin? update... I used the free trial of GSA Ranker on 2 computers and generated ~ 1700 backlinks. My website wasn't indexed by google and still isn't but I'm wondering if there is any point continuing with it or should I just port the website to a new domain name or something?

I realise that nobody will be able to give me a clear cut yes/no answer but you will all have far better insight into this situation than me. If there is any chance it is retrievable and that there is a possibility that I can still rank well then I may continue with it.

What do you guys think?

Any help is greatly appreciated so thank you for your time

Manual tier 1, than gsa to tier 1. Gsa is ok for money site but not for newbies. Penguin? So what? No matter how many pandas, penguins, zebras etc google will lanuch. We are still here and we make money.

Before all spend some time here to learn some SEO. You should not blast links on your money site.
Your website never indexed in google?? are you sure about that? google "site:yourdomain.com" and see your site is visible or not.
If its not indexed by google, ping your site share your URL in twitter, FB and G+ wait for a day if its not indexed then yo are penalized by google.

If your domain is penalized by google. See the value of your domain. If you have exact match domain or your domain name looks crazy/good for your niche. Then start removing your backlinks and work with that. It takes huge effort and time. If its not worthy. Throw that domain and go for new one.

You can always index your site on google, unless you got penalized by google. At that point, I suggest you to switch domain because the chance to rank well after this is slim.

As pointed out first you need to check if your site is visible in google or not, for that use info: yoursitename.com and if it doesnt show results then it means that your site is blacklisted. In that case you can surely remove all the backlinks and start new backlinks for the site, however it is a time consuming process. If you are not losing much, then better would be to start fresh with a domain.