Term used in northeast part of Czech republic (you can hear it in other location in CZ too). Ussualy used by people from Ostrava region like common addition to describe both negative and positive feelings. This is name of young collier without experiences. It´s just a dialect.
...dobré jako cip - ...got damn good
ty si cip - you´re asshole
cipe - asshole
cip - young collier (miner) in branch