@oda.kell: think of it in another way:
If we assume that adoption drive prices, then a metric of adoption would be the price itself. This will tell you that adoption has not grown in the past year.
If instead, we assume that adoption doesn't drive prices then the discussion is irrelevant for future prices.
Note that I intuitively believe that adoption has grown, but also that it is not linked to price at all.
If we assume that adoption drive prices, then a metric of adoption would be the price itself. This will tell you that adoption has not grown in the past year.
If instead, we assume that adoption doesn't drive prices then the discussion is irrelevant for future prices.
Note that I intuitively believe that adoption has grown, but also that it is not linked to price at all.
There's one simple counter to that, and I'm not the first one to make that observation:
Sometimes price runs ahead of adoption (and will eventually get back to reality). Sometimes adoption runs ahead of price (and it'll take a while before price reacts to that).
Last time that happened was late 2012/early 2013, when about 1.5 years of very impressive network growth explosively made themselves known to the market.
EDIT: But if your point is that from growing adoption we can't conclude that we're going to see rising price now-ish, then I agree of course.




