A hipsterm is a word used by the hipster population - literally broken down, it's a "hipster term". Over time, these two words were slurred together often enough to form hipsterm.
"Man, that's so chillthy and rad. I'm gonna go listen to Bright Eyes."
"You and your hipsterms, man."
"You and your hipsterms, man."
by Full Tank Hank November 8, 2011