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Failtastic 

1.) A fail of such magnitude that it requires the ending "tastic"
2.) A fail that is larger than a Titanic Fail, but not quite a Catastrophic Fail
3.) A giant ass fail
4.) A fail so awesome, its almost a win.
Guy 1: Dude, did you see him slip on the skateboard and punch the kid in the throat?
Guy 2: Yeah man, that was so failtastic!
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Bro 1: Dude, did you see him get punched in the nuts by that girl?
Bro 2: Yeah! That was so failtastic I almost laughed!
Failtastic by Kuh-Dawg January 6, 2010

failtastic 

Some one or something that has failed beyond reason and comprehension, so much so that the only way to describe the failure dealt would have to include the word fail and imply total and utter success at failing. Failing of this nature is like getting the gold medal of the fail olympics.
Person 1 - "Man I totally bombed my SAT's. I got a 0 for christs sake!"
Person 2 - "You got a 0 on your SAT's? HOW?"
Person 1 - "I dunno...."
Person 2 - "Dude, you get points just for signing your name? Even if you got EVERY answer wrong you'd still have points just for signing your damn name!"
Person 1 - "...."
Person 3 - "Did you sign the name part?!"
Person 1 - "Yeah... but I might have put the wrong name... It doesn't matter anyways cause I got every question wrong."
Person 2 - "Dude that's the most pathetic thing I've ever heard"
Person 3 - "You fail at life." *points at Person 1* "FAIL!"
Person 2 - "Yep, you're officially failtastic bro."
failtastic by waywardspooky December 2, 2007

failtastic 

a fail so epic it is actually more impressive than completing the task correctly
Andrea: I tried to fit an enormous squirt of whipped cream in my mouth.
Katie: Did you?
Andrea: No, it fell onto someone else's pants.
Katie: FAIL. no wait FAILTASTIC
failtastic by smydfailure April 9, 2009

Failtastic 

When Something Something Is Spectacularly Failing
Guy 1: Hey I Just Got A Xbox 360
Guy 2: Cool! Lets Go Play It!
Guy 1: We Cant Its Got The Red Ring Of Death
Guy 2: Failtastic -_-
Failtastic by Th3b3st October 14, 2009

Failtastic 

Alex fell down the stairs and i think that was failtastic.
Failtastic by Gary213 June 2, 2009

Fabtastic 

A feeling that represents something fabulous while making you feel fantastic.
Leftover bbq drunk at 2am on Sunday is fabtastic.
Fabtastic by DeeDick July 5, 2019