Originally used to describe "fucking epic" tricks, Fepic's meaning has grown to include any act, person or situation that manifests the infinite power of the universe in a positive way. Fepic is choosing to act. It is choosing acceptance and love over doubt and fear in any situation that challenges one's comfort zone. A fepic mentality channels positive energy into all aspects of life.
Similar to fugly, the f appended to the front of the word epic stands for "fucking epic". Used to describe something that is breathtaking, displaying manliness or general bravado, or something having proportionally larger levels of awesomeness than your average awesome thing such that it is worthy of an "f for fucking" prefix.
Like "fepic" however "ail" being short for "fail", the "f" in "fail" being moved to the front of "epic". A phrase mostly used when a person or thing fails in a spectacular manor.