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Comes from the title of a jpeg file found on google image search entitled, "frydabing." It is literally referring to frying a chinese oil cake (bing). It means "to do good," or can be used as an exclamation or an insult.
"You gunna fry da bing on saturday?"

"Man, I gotta test tommorow, I'm gunna have to fry da bing and start studying!"
by Tcichosz December 22, 2004
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