Lolcake - a term used to alert those around you to your state of hilarity. Derived from Lol and pluralled to become lolcakes this word is pretty muchkickass for it's use in modern day hubz.
bloodninja: I steal yo soul and cast Lightning Lvl. 1,000,000 Your body explodes into a fine bloody mist, because you are only a Lvl. 2 Druid.
Me: LOLCAKE!