see owned for the full def but the ~ were added for more emphasis and coolness. It Is usually used when someone gets insulted, shut down or beaten in any form or way.
Started & invented By a Runescape Player Called Busterboy50 no matter what anyone else says, but it was stolen and claimed by another player called crank it out who couldnt think of anything cool to be added onto owned himself.
I ~owned~ crank when i exposed him for his idiotic tag stealing, dragon mace Resembling Fucktard.
Excellent saying expressing superiority over another being. Made by the legendary Crank It Out of RuneScape.
Crank: Your face is a grand canyon; Crank: ~owned~