A derivative of the commonly used internet acronym 'lol', which if you have been living under a rock (and consequently can't see this webpage), stands for "Laughing Out Loud".
'p0p' came about through a typography error made by noise theory user will (will smith, no relation to the actor), who incidently hit p 0 p instead of l o l. You will notice if you position your eyes towards your keyboard that the keys are very close to one another.
Since this fateful evening the term p0p has become ever so popular among the noise theory community and beyond. That is all for now
Person 1: *says something funny, lol etc rolf*
Person 2: hahalololp0p0p!~~
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