A variation of "cool story, bro" which acts to serve as the ultimate shutdown to stories the storyteller of which thinks is super awesome, but is actually wasting everyone's time because no one cares. These stories can be heard IRL, or seen often on WoW forums or 4chan.
"HEY MAN I WAS PLAYING EVE ONLINE YESTERDAY AND I JUMPED OFF TEH SHIP TO THE GROUND BUT THEN I GOT BARRICADED BY TONS OF OTHER ENEMY DUDES AND THEY ALL CAME RUSHING AT ME LIKE A ZERGRUSH FROM STARCRAFT HOLY FUCK WHAT AN ADRENALINE RUSH"
When you have to pee in a movie but don’t want to miss anything, and must do the following mental equation: will the amount I have to pee cause enough discomfort to diminish my attention capacity for the remainder of the movie to an extent which is greater than the amount of the movie I would miss by making a mad dash to the restroom.
I saw Satantango last night, wonderful film but by the 5th hour I had to start doing pee calculus.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).