Originally used on www.Omegle.com an online chat site, teens use this term before asking for the asl of a person as a way to ensure maximum time to 'CYBURR' their counterpart.
(the origin of the SnL seems to come from a cupcake factory North of the United states, where many taboo events unfolded)
Person B: YESSS I R TEH CYBUR YOUU!! ASL??
Person A: YAY IM ....
Used for social networking, to indicate that the user of the term is smiling, but not laughing.
It's purpose is to eradicate the false usage of 'LOL- Laugh Out Loud'...another acronym, one which is very casually used 2 indicate laughter although the joke/comment/statement merely brings a smile to the face.
Yea i guess (Y)