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2.
BFBT, or Billy Fucking Big Time, is a phrase that can be used as a substitute to words such as "cool" or "awesome" etc etc.
Alex: This song is so cool.

Ben: It most certainly is BFBT.

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Alex: This song is so cool.

Ben: It most certainly is Billy Fucking Big Time.
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Words related to BFBT:

beach big billy family fucking fun house party time
 
1.
An annual time of festivities and merriment in the Summer by the Baur clan. In a light blue house by the sea, the Baurs throw down for an entire week on Isle of Palms, SC.
Man, that party last night was a regular BFBT!
by O Baby June 15, 2011
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