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A meaningless acronym which most often stands for "Oh My God What The Fuck Barbeque." It most likely originated on Something Awful (somethingawful.com). It can be interpreted simply as gibberish, or used when one wants to emphasize one's own incoherence, lack of understanding, or to mock others.

It usually has an air of mockery, specifically with regard to teenagers who a lot of use three-letter acronyms.
Example #1 (def: incoherence)

Computer Nerd #1: I mean, just because it's https doesn't mean it's fucking legit
Computer Nerd #2: Yeah, I'm sure those idiot script kiddies would love to get their hands on a secure server so they could grab some more AOL passwords before they hit up the child pr0n
Non Computer Nerd: OMGWTFBBQ please kill me


Example #2 (def: mockery)

Teenager #1: so i was all like, stacy, if u want a loser like steve for your boyfriend go ahead!!!!
Teenager #2: lol
Teenager #3: omg i can't believe u said that!!
Cynical Generation X-er: OMGWTFBBQ
OMGWTFBBQ by Funkdubious January 28, 2004
1) Most know it as a parody of acronyms
2) It is a an actual barbecue you can download of of modthesims.com for the game 'The Sims 2'. It is a barbecue that you can cook newborn babies on.
Don't believe me? YouTube 'OMGWTFBBQ sims 2'
OMGWTFBBQ by Shellygirl102 July 7, 2011

omgwtfbs 

A person's fps pseudonym (aka Xarkin). The name is impersonated by a few noobs, however there is only one real omgwtfbs.

Also short for: "oh my god what the fuck bull shit" (if you are new to acronyms)
omgwtfbs has killed <insert random noob here>

"omgwtfbs iz wall haxizoring!!!!!" - Random crying noob who got lit up.

"omgwtfbs change your name or you will be banned because we are such hardcore tools/pussies that we do not allow acronyms that insinuate swear words on our server: Pussies R Us." - Admin who got owned.
omgwtfbs by omgwtfbs January 31, 2008
A concatenation of the popular three letter acronyms OMG, WTF and BBQ.
A preoccupied vegan named Hugh
picked up the wrong sandwich to chew.
He took a big bite
before spitting, in fright,
"OMGWTFBBQ!"
OMGWTFBBQ by fredley February 4, 2009
"Oh my God, What the fuck, Barbeque." A parody of internet acronyms, used sarcastically. It can be used at the same times one would use "omgwtf".
MATT DAMON IS OMG SOOOO HAWT!!! OMGWTFBBQ!!!!1111!!
OMGWTFBBQ by Zi October 3, 2004

omgwtfdie 

An image circulating the internet used to shock people. It is simply a photoshopped image of some guy. I don't know why it can possibly shock some people.
omgwtfdie by Lord Moe May 13, 2005