The art of removing an iPod from an unsuspecting, but entirely deserving, iPod user (see also podestrian). This user will be sporting the bright white iPod headphones and will be practically asking to be bye-podded by holding the iPod for all to see on a dark night in a crack alley.
(mark) - what happened to you?
(tim) - Got bye-podded.
(andrew) whoa! where did you get all those??
(john) been bye-podding all night, stupid students...