lolbiscuits 

See: lolerskates

An alternative to: 'lolerskates'
Which is an alternative to: lol (Laughing out Loud)

Person1: ROFL OMGAWD I PUNT TEH GNOEMES!!!11 (Humorous statement)

Person2: lolbiscuits! (Expressing joy at humorous statement)

lolbiscuits by Moola February 21, 2005

lolbiscuit 

a phrase when something is REALLY funny and you want to be different. Just like seabiscuit

why did the chicken cross the road
to get to the otherside
lolbiscuit

lolbiscuit by seabiscuitBC April 27, 2010