# the time that has passed is enough for you to do the desire of the Gentiles

Peter wanted the believers to stop doing the sinful things the Gentiles (or unbelievers) did. He was not praising them for doing those things enough. Alternate translation: "you have been doing for too long the things that the Gentiles like to do" 

# drunken celebrations, having wild parties

These terms refer to activities in which people gather to drink too much alcohol and behave in a shameful manner.