An expression of condemnation or exasperation uttered by someone (typically a non-hipster) after a hipster has done or said something ill-advised.
"Did you hear that Humphrey got Tulip preggers after he accidentally put on one of the rubber balloons left over from his balloon portrait of Bjork embracing Madonna, instead of a condom?"
"Hipstake!"
"Hipstake!"
by hipster_of_the_month May 8, 2013