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Phasting 

The process whereby one abstains from listening to the sweet sounds of Phish for at least 72 hours preceding a Phish show. If one does this, enlightenment can be reached during or after the show.
Glen: "Dude, why are you playing the String Cheese Incident? I need some Phish."

Al: "I'm going to Phish on Friday, brethren. No Phish until Phish. We're phasting."
Phasting by Chalkdust Torture August 17, 2013

Days-Of-Future-Pasting

When a movie in a series has events that nullify the events shown in some or all of the preceding movies.

Taken from the 2014 film X-Men: Days Of Future Past where events in the film cancelled out 5 of the preceding 6 films (X-Men 1, 2, 3, Origins, The Wolverine).
"Hey, man; have you seen the new trailer for Terminator: Genisys? If old Arnie is going back to confront young Arnie, then Paramount Pictures are Days-Of-Future-Pasting the other four movies."
When toothpaste is applied to the nipples, often resulting in highs lasting an hour or so.
Student 1: "Hey did you do the homework last night?"
Student 2: "No man I tried pasting."
Student 1: "I heard about that! how was it???"
Student 2: "Amazing man...Amazing"
pasting by themoreyouno May 6, 2012
Putting toothpaste on one's nipples with the intent of getting lightheaded or high.
Johnny was out of weed so he started pasting to get his fix.

My father cut me off after he found out I was pasting.
pasting by Broseph_Isa May 6, 2012

Phisting 

Phisting is when, after your usernames and passwords have been phished, your credit cards are maxed and your bank accounts drained.
I was phished, then phisted, in less than 24 hours. Worst phisting I've ever had.
Phisting by b0xxx February 13, 2008
serious form of drug abuse, performed by applying toothpaste (and lotion) to the nipples and letting the chemicals sink in.
Mark: Man, I got so high yesterday.
Steve: Oh, no, you weren't pasting again, were you?
pasting by Shawarma1 May 7, 2012