had the same problem, and, as you say, this is a version compatibility issue in reaction and response. It will also affect the expo if you use it.
React + React-native must use certain versions that work with each other.
Github's org community response provides a table that helped me install the correct versions. Here are some examples from this document:
react-native@0.41.x and 0.42.x need a reaction @ 15.4.x
react-native@0.43.x and 0.44.x need reaction @ 16.0.0-alpha.6
native reaction above 0.44-0.48 requires reaction @ 16.0.0-alpha .12
Please note that I did npm install --save react@ <correct version>
Then rm -rf node_modules && npm install
And finally: npm start --reset-cache
My app starts up again!
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