My traffic dropped by 75%

hi
I am facing a problem regarding traffic,
My blog has lost its 75% organic traffic (increasing day by day) coming from Google.
it all happened on 5th august 2013, before that i was getting more than 2700 pageviews daily.
i read somewhere that may be it is because of Google panda or penguin update or i was hit by Google traffic penalty.

I also got webmaster message

 

You're not alone, my traffic also dropped and I'm using Blogger aswell. Weird coinsidence how it happened to both of us on 5th August, it must be some Google update.

 

you are from???

 

my traffic also dropped since 5th of august. dont know why it happend

 

This sounds like a content penalty.

Read this for more info.
http://googlewebmastercentral.blogspot.com.es/2013/08/in-depth-articles-in-search-results.html

 

Me also traffic also dropped since 5th of august. dont know why it happend

 

...but according to your username you're an *seo expert*....so why don't you know..?

 

Brother I have lots of Blog And Sites But Google didn't update PR

 

Spoken like a true 'Seo Expert'

Oh dear.....

 

If you are still looking for a solution, then ping me. I can help you to overcome this penalty.

 

Yeah please try to avoid Blog network - as it may give harsh results such time. You Should do proper research - creating informative posts and building links in a natural way.
Even a 1 bad link can waste your whole process.

 

this is the same thing for everyone is the effect of google Pengouin

 

Wait for some days, and see whether your traffic is increasing or not. If not then better leave that blog and start a new one.