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Am Amalgamation of the words Gypsy, Piss and witch. None of which on their own can be said to be very endearing. When combined they're the mutherfucker of all insults that can still, amazingly be used as a term of endearment towards ones brethren.
1)Daryl: Have you seen that cunt Carl play with himself on the streets whilst dribbling over his kebab?
John: Yeah, he is such a Gypsypisswitch

2)"Dude, you know I love you man but you are such a Gypsypisswitch sometimes."
"word bro"

by Peter Preston June 11, 2007
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