The act of owning. The belief that being better at something than someone else makes you a superior human being. Most often practised by people involved with the internet.
Did you see that headshot? Ownificationism!
That guy is unbelievable, that's ownification(ism) on a brand new level!
The transformation of a human into a cartoon character or creature.
Also refers to when an internet troll stoops to just trying to make other people discover their victims and their plans start devolving and becoming more like those of a saturday morning cartoon villain.
"Did you see Magnum's latest post on EDF forums?"
"Yeah...he wants to make more people hate DrMusic in hopes of making DrMusic's real name unlikable."