Something that is funny and cool (see sik) and
you don't know what else to say. That is what is known as Lolsik.
Can be used either in a sentence or by itself. Also can be used in a similar way to lol or rofl.
Origin: South-East
QueenslandUses Below:
Bob: "Don't you hate that
awkward moment where your turban falls off while you're
having sex??"
George: "Lolsik"
-----
Fred: "Did you like the pic of the
failboat I sent you?"
Tom: "Yeah, that was lolsik."