What do you think of the recent price gains and if the prices will stay up or crash out?
IMO I think the price of bitcoin will continue to stay up for now, I doubt if it's going to crash anytime soon cause they are still much hype around it, but again we can't always tell what the future holds, so fingers crossed for now.
In my opinion the upward price action is caused by institutional investors' interest in Bitcoin. Some people who were skeptical about Bitcoin recognized it potential only after PayPal announcement.
Agreed, after PayPal made that announcement large financial institutions started investing/buying more bitcoin and using it as a store of value for them company,before then they all saw bitcoin as a bubble and not as an asset.