The act of posting memes concerning an event, while the event is taking place. Livememing can take place during a Presidential debate, a casual get-together with friends, or a cast-wide trip to TGI Friday's. Most Livememers use Facebook as their host of choice for their memes, but other places, such as Twitter or Tumblr have also been seen utilizing this technique.
Peter: "Wow, Roberto isn't answering any of my calls or texts. What's going on?"
Ethan: "Don't worry, he's livememing the Presidential Debate. He'll be away from his phone for an hour at least."
The act of streaming a video game or something on an online call or chat application (calling someone and playing a video game without streaming is not considered a livestrem)
The origins of the word livestrem date back to the Egyptian times. When somebody would watch someone else do an activity, it was considered a “livestrem”
The word livestream is actually a butchered version of the original word, livestrem