When you are owned by virtue of someone logging off before you can respond to their insult. An immature but effective way to establish superiority in online culture.
Wooginator: Ron stinks.
Wooginator has gone offline.
Kitdynamite: I don't stink...
Phufu: Logowned!
Dominican #1 says: "HEY MEN N DEM GUYZ WUN HELP ME N DEY TAKED AL MY STUF. DEY IS SACMARRS!"
Australian #1 says: "Oi mate, you're a bogan."
Non-Dominican #1 says: "LOOWNED!"