To be more explicit. Punk was a think of the 70s and 80s. The movement was over by the 90s. There were people still holding onto it in the 90s, though, and so it was still relevant to people in their lives. It was still in the mass consciousness as it was. And that 90s culture of remembrance of punk, that is what White Wolf built its game around.
By 2005, real punk is long dead, there's only the whitewashed 90s version left in anyone's minds, and even that is largely over except as dress-up and fashion. It's still close enough to be in memory, but barely so, and it isn't relevant in anyone's lives anymore. That was the trailing end, when Bloodlines was released.
And now we're in 2015. Anything that attempts to set in the era now will not be of punk, it will instead be a historical period piece that just talks about punk. As is only normal, since the original punksters are in their late 50s now. (If they're not properly dead.) That's right, punk is grandpa stuff. So, get used to it chumps. Means you're getting old.
Period pieces will never capture the feelings of the past. They're not the same thing, and cannot be. Bloodlines 2 could only have existed as it should be if it was made immediately after Blloodlines. Made now, it would - at best - be a poor-man's nostalgia-fest version of the original, not its own thing.