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2. :):
It's a smiley with snakebites.
It can be used to show to someone that you have gotten snakebites or any other piercing for that matter.

Ex.
{Josh} Guess what, man?
{Mike} What?
{Josh} :):
{Mike} Really dude?

Or it can be used to add a little spice to your smiley.

Ex.
{Jessica} Wanna go to the party?
{Rebbecca} Yeah, OK. :):

1. :):
Emoticon created from :) and :( that defines the state of being "More or less" in this case pending for more or :(: when pending for less, Can also be used to express a state of Bipolar disorder.

<Ben> How are you today
<Jerry> :):

<Mark> What's wrong with you
<Spencer> :(:
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