This is a phrase you use when something absurd happens and you are about to beat the shit outta whoever did it to you, whether it be a game or not.
Ex 1)
Mark: *Throws the ball between your legs while doing a back flip over you, catching the ball mid-air, mid back flip into a exploding dunk.*
Bobby: Did you really just do that folks?, Nah it's cool...
Ex 2)
Trey: *Perfects the final boss on a fighting game*
Final Boss: Nah, it's cool...
Mark: *Throws the ball between your legs while doing a back flip over you, catching the ball mid-air, mid back flip into a exploding dunk.*
Bobby: Did you really just do that folks?, Nah it's cool...
Ex 2)
Trey: *Perfects the final boss on a fighting game*
Final Boss: Nah, it's cool...
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