And you learnt this the hard way.... I remember.... Totally true. Where as you guys nuture sites, a lot of blackhat stuff is automated content to aged disposable domains, which involve very little effort in building. I think that Blackhat is evolving into both disposable blackhat which is mainly for affiliate conversions etc. And Grey, which is just doing things which are really not recommended but, sort of skate on the edge. The aim being time. Time is money. IF a site can rank quicker, all the better.
Yeah $7,000 per week down to $0 overnight, courtesy of Google for reasons still unknown 9 months later.
For that much money I would risk it anytime. It takes ages with white hat to get this kind of income. Call me unethical but I really want to quit my job and with white hat it looks that I will reach retiring age first before I will make enough money from the web.