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Easy, no trouble, no stress, simple as can be.
Derived in Yorkshire from the kid slang: easy peasy, lemon squeezy. Ie Lemon pip (seed) - pipsicale - pipsy. Currently in use with 11\12 year olds, who claim its old coinage, at least 2 years old.
Teacher: You can now begin the test. Turn over your papers.

(A pause of vocal silence and paper rustling, followed by the sniff of the precosious kid at the front)

Precosious kid: This test is pipsy. I'll get 100 per cent.
pipsy by chris firth September 23, 2006
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A 50 something year old man that looks like he’s 80. A Pipsy frequently thinks he is going to be dead before the next time he sees you.
Dan : who was that guy standing outside the bar thanksgiving night. He looked so lonely.
Kevin : he’s just a poor Pipsy
Pipsy by The_Streets October 13, 2017
Related Words
Some where between pissed drunk and tipsy
I am felling a little Pipsy .
Pipsy by Bigdawg47 June 3, 2018
The male genitailia, (Penis)

An insult derived from the ways of language spoken by Justin Cooper.
He looks like a cubbie that just say there all day playin with his pipsy. HABAISTON!!
pipsy by Shemeth April 2, 2004
To be between sober and drunk
I'm feeling a bit pipsy after those drinks
Pipsy by Beaufort July 28, 2025

Pipsy Dipsy 

to spread a woman's legs and violently throw pop rocks into her vaginal cavity, then proceed to penetrate her with your penis and have vaginal intercourse
I'm gonna pipsy dipsy her so freaking hard, it'll sizzle for a good 3 hours!

can be accompanied with schappappin
Pipsy Dipsy by Johnny Eberto August 2, 2009

pipsy wipsy 

a cuter way of saying a vagina.
I shaved my pipsy wipsy last night before Corey came over.
pipsy wipsy by Mellau December 2, 2007