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Failtastic 

A fail so epic, it's almost a win.
Person 1: I got my penis stuck in the gutter.
Person 2: What the... How?
Person 1: I fell down. While I was biking. With no clothes on.
Person 2: What the f*ck... wowwwww... how failtastic.
Failtastic by Peter Buckett November 8, 2009
Related Words
A failist is someone who typically fails a lot. In fact, they fail so much that it has become their occupation and their further goals in life are to fail twice as bad as their previous fail.
"shoutouts belong to mew"
notice how she spelled "me" as "mew"
Jade is a failist.
Failist by Xaltz April 3, 2009

Failtastical 

When a person, fails at attempting to do something dangerous, while showing off and or pretending or thinking their actions are meaningful in someway. Not completing their attempt of apparent importance or glory, in such a poor way, it shows the supposed important action to be meaningless in the first place. Usually attempts are failed in a hilarious way.
A person seeking attention fails their action as so everyone watching bursts into laughter and a person in the audiences yells fail as to which someone else continues with "fail-tastical" because the attempt was failed in a hilariously stupid way. A failtastical moment...
Failtastical by Jarefio The Hunter September 6, 2009

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