lolphemism
Any word that is composed of acronyms dealing with laughter, that sounds like a real word. For example, roflcopter, loller skates, and lmaonayse
"Lmaonayse is my favorite lolphemism"
"lolkay"
"lolkay"
Lolphemism
The usage a chat acronym (LOL, ROFL) or a smiley to make an otherwise offensive or hurtful statement sound less severe.
Scenario 1
Jake: dude, your girlfriend sarah is such a bitch
Alex: gtfo faggot
Scenario 2
Jake: lol your girlfriend is such a bitch :D
Alex: haha, im glad i have supportive friends like you lol
(Scenario 2 is an example of the usage of a lolphemism to convey the subtle message that sarah is a bitch, while making the user 2 believe that user 1 is using sarcasm)
Jake: dude, your girlfriend sarah is such a bitch
Alex: gtfo faggot
Scenario 2
Jake: lol your girlfriend is such a bitch :D
Alex: haha, im glad i have supportive friends like you lol
(Scenario 2 is an example of the usage of a lolphemism to convey the subtle message that sarah is a bitch, while making the user 2 believe that user 1 is using sarcasm)