Just launched! Learn slang while watching funny vids: urbandictionary.tv
2. BFBT
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.

---------------------------------------

Alex: This song is so cool.

Ben: It most certainly is Billy Fucking Big Time.
1. BFBT
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!