After that year it's still too high supply to sustain a high marketcap.
Give it 5 years. You socialists are going to stagnate with this coin for years because you all love your inflation so much.
Bitcoin isn't a commodity at all. Hoarders go broke. Shortsellers will have the upper hand for years.

It was only able to briefly run up to that bubble-price because of its novelty. That's over now. Not going to happen again. Now you have to deal with your inflation.

A whole year of bearmarket topped off by an epic crash should start make you think about the fundamentals.