Derived from the word "hipster" and "dipshit." Believed to be German in origin. Describes the ultimate hipster douchery.
Tom: Holy shit, look at the fucking hipshit he matches his stupid fixie from head to toe.
Jane: Stupid hipshits.
a hipster dipshit. some hip kid who is preventing you from getting through your day and slowing your progress down through their "hip" posturing.
urban hipshit youth is downloading newest song on his iPhone, blocking traffic