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The appearance of the number 1 originates from chatting too fast; the shift key is released too early turning the ! into a 1.
omg lol!!1 he just ganked that pallie!
by Siemah October 01, 2006
A net-speak forced laugh, or just a way to make fun of those who type lyke dis!!1
Person 1: I have just said something lame.
You: lol!!1
by xourtney June 03, 2003