Because it crashed from $32 to $.01? It was < $50m market cap and nobody beyond staunch libertarian's and cypherpunks had even heard of it at the time. It's not 2022 with publicly listed exchanges and companies holding Bitcoin on their balance sheets, countries recognizing it as legal tender, bills being drafted by US politicians, etc. It was 2011 fam.
Furthermore, you're comparing social media websites and search engines that lost market share to a space where the market has clearly declared who the winner is.
Historical market cap snapshots of cryptocurrencies, starting in April 2013. See all time high crypto prices from 2017 and 2018. Bitcoin. Ethereum. More.
coinmarketcap.com
Pick a year. Pick a date. Any of them and tell me who's #1.
Bitcoin will be fine. Some of these alts will recover, too, but there's only one sure bet in crypto right now.