a moment in your life, something said, something done, or something you feel responsible for that you'd do anything to take back.
Friend 1: You seem down?
Friend 2: Remember that time in the school cafeteria when the two mice jumped out of my lunch bag, and I screamed and I started a stampede of mass hysteria, and they evacuated the school, and the fire department came, and the foreign kid who speaks no english started crying, and fainted, and got a concussion and had to be hospitalized?
Friend 1: Blip?
Friend 2: Let's never speak of it again.
1. Typically used in SMS/Text messages and phone calls as a synonym for currencies, ie. Euros, Pounds etc if the parties involved dont want to make it obvious they're talking about money for fear law enforcement may be listening in.
2. Slang for cash; usually used as a suffix ie: 100blips.
1. Have you got those 50 blips you owe me?
2. Need to grab those blips man, its been two weeks now and I'm smashed