What the hell is the point of it? Is it another way to write lol? Please explain the origin of this on offtopic.
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It's just the newest, hip-est way of writing "lol," because "lol" gave way to internet newfgs and moms on facebook, and the other ways of writing it, like "lawl," were never cool in the first place. That said, ALL text-speech acronyms are retarded.