The origins of "blol" are still somewhat vague, but it has begun to replace "lol" in most texting and email use. the B could stand for "big", although some have speculated it could be "barely".
The other point of contention is how it's pronounced. Accepted pronunciations:
She smelled like tuna, blol.
And that was the last time we got to call him chinky, blol.
September 24, 2012