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A term Used to describe an act or way of Life. One of the greatest if not most fantastic forms of insults. It can be used in any context with any form of people. You may be rasist but at least your not a steamboat Gpysy.
Damn your mother is a crazy Steamboat Gpysy. I can't belive she slapped you in the face.
Fucking Steamboat Gypsy
by Phantom with pants October 06, 2011
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