The expression of an idea or concept being a bad one, that will likely end with bad results. derived from the word "paranoid", it originates from use within circles of drug users, particularly cannabis, where paranoia is easily triggered.
a: hey, why don't we go smoke a joint then go to the police station?
b: nah man, thats noid.
a: wha'dya wanna do?
b: why don't we go to that party?
a: sounds noid.