a reference to Grateful Dead band culture; multicolored bears that have been an icon of tripping, often spotted when you do enough drugs to be out of your fucking mind.
I took 5 tabs of fraggle and was seein the dancin bears!
by Kat November 20, 2004
A fuckable chubby girl. By definition, a dancing bear is decent looking and is fun to party with.
Fargo, ND is the dancing bear capital of the world.
by Nick March 11, 2005