A statement used like LOL, being 100% overused in most blogTV rooms, especially lovemedeadx3's, you go in there and you will see that flooded like crazy.
Simply means, oh haha, thats funny.
The damn girl on the camera says it yet doesn't crack a smile. So basically means, lol, which is a filler word for "i dont really give a shit but hah okay."
Person1: Hey I took a dump on the teachers desk in 3rd hour as she taught the class.
Person2: Oh the hilarity.