Comes from throwing down the gauntlet, which was a medieval practice in which knights challenging each other would happen. A common saying among the people of the streets these days would be shortened to throw down
Guy A "d'ya think there will be a terror attack today C? I'm scared?"
Guy C " rules are rules A, if there is a showdown we must throw down"
Guy C " rules are rules A, if there is a showdown we must throw down"
by Manly Man named Man li September 15, 2017

The act of removing one's sock, shitting in it, and then proceeding to hurl it towards any opposing force. Usually performed when the individual is perturbed with another party, and is used as an act of aggression.
Oliver: That's it, I'm fucking sick of you. I'm gonna do it.
Maddie: Ha! what are you gonna do?
Lara: Holy shit he's about to do The Gibby Throw
Oliver: *gibby throws*
Maddie: Ha! what are you gonna do?
Lara: Holy shit he's about to do The Gibby Throw
Oliver: *gibby throws*
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