Very similar to an oxygen thief; a totally worthless PWPOSMF (pussywhippedpiece of shitmotherfucker).
The term bungwipe refers to toliet paper, so the waste of bungwipe is somebody that does not really need to exist; e.g., a pollutant in the gene pool.
Goddammit stop doing that you waste of bungwipe!!!
That mofo is such a waste of bungwipe that I want to force-feed him ten boxes of extra-strength Ex-Lax, water it down his esophagus with a couple of quarts of concentrated camel urine, and then sew his lips to his asshole.
the art of stealthily taking an object (usually food, or somthing that will be held), wiping your ass with it, then putting it back. works great with vegetables, fruits, pencils, microphones.