In the next five days, Coindesk reported, Loot bags were resold for $46 million, and had a market cap of $180 million. On Wednesday, the cheapest Loot bag could be had for about $20,000.

Loot bags at children's birthday parties are a waste of time and money, and they tell our kids that they should be rewarded for everything they do, says the woman behind My So Called Mommy Life ...