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15.
The act of making statements or assertions that are considered false by a third party. The third party will then attest that the maker of such statements is 'tripping balls'

Probably originated from reference to 'tripping balls', as used by LSD users
"That teacher has no idea what she's on about, man. She's seriously tripping balls."
by Komatoaster September 19, 2006
16 206
 
16.
amazed beyond belief over a positive influence; incident; or event. Expression of positive excitement.
The girls at that party had me tripping balls cuz they were so hot.
by Raphael I. David May 13, 2003
23 213