What is Olol?
1.
More dramatic version of "Lol" often used when someones insult fails incredibly. Also used multiple times for more effect.
olololol joo suck n00b
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2.
A combination of Oh and
As in someone realising something and then finding it amusing.
Person 1: I'd like to go to Penisland
Person 2: WTF?
Person 1: Olol, I meant Pen Island.
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3.
A humorous mispelling of "LOL" - usually used as a parody of internet Forum users who can't type properly and/or make no sense.
In this respect it is similar to "teh", a humorous mispelling of "the" used for similar purposes.
"hey did u hear the PS3 is goingto cost $700? Im not paying that lol"
"SONY IS TEH DOOMED OLOL!!1"
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