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lolbutsrs

A compressed version of "laugh out loud but serious".

It can be used to acknowledge an amusing element and then assert a level of importance and earnestness regarding the subject of discussion.

In other words, it is the equivalent of "I find that amusing however my question or statement was genuine".
Jed: "How hard is it to pass that maths exam?"

Nick: "I'm hard right now."

Jed: "lolbutsrs."

Nick: "Oh. Er... Yeah it's alright I guess..."
by 2 Cool - that's right March 16, 2009
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lolbutts

When someone kills a noobie a in a public counter-strikes server.
Evan killed Tommy with an ak47. Evan shouts "lolbutts!"
by Evan Leepster September 10, 2007
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