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Now you know 

Also known as nyk. The full phrase is 'Now you know better than that'. When someone says or does something so ridiculous, stupid, hilarious, or outrageous, the proper response to the situation is simple: "Now you know." nyk can be used in the place of lol for when you just don't know how to respond.
Dumb Bitch: I dropped $5 at Starbucks and $8 at Panera. The perfect breakfast!
Intelligent Person: Now you know.

Future Dropout: I totally bombed that test.
Friend: Well did you study for it.
Future Dropout: No.
Friend: Now you know.
Now you know by mintjellyfish November 12, 2011
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What You Know 

One of the rapper T.I.'s best created song; very popular around 2006-2007. It was in T.i.'s album King along with Top Back, and Live In the Sky. It was number 1 on the billboard hot 100 for a couple weeks and was a song featured in the movie ATL. It is a diss song to anotehr rapper Lil flip. Its about how lil flip doesn't know anything about the game and how T.I. does. There are two remixes to it.
ay, dont yo know i got a key by the three when i chirp shawty chirp back louis knapsack where I'm holdin all the work at, what you know about that-t.i.
What You Know by bdzz January 17, 2009

If you know what I mean 

Usually added to a sentence that makes absolutely no since but makes it sound like its a common phrase. Over all makes everyone really confused.
I too like to shake a bag of old wrenches if you know what I mean.

Do you know da wae

When a bruda knows de wae it's when he either finds his inner-self or the solution to a big problem
Do you know da wae? My bruudas da queen knows the way. the way of curing cancer

Act like you know 

recognize, stop playing or stop playing crazy.

thats when you know 

sombody says somthing so retarted or embarrasing you say "thats when you know"
retard: what are you talking about! today is already over!
me: thats when you know

t-bagging a claymore? thats when you know

Do you know my dad? 

A vague question one asks angry, deep-voiced British skiers after being told not to give someone the stick. Usually answered by a baritone note.
Snowjob: "DON'T GIVE HIM THE STICK!"

Kid #1: "We're sorry-"

Kid #2: "Do you know my dad?"

Snowjob: "WOOOOOOOOOOOAAAAAAHHHH!!!!!"