Feegit

Feegit (Fea-get) comes from the word "faggot" but it means stupid, annoying or just in general a dick but can be used as a playful word with friends as it is made to make fun of those that use the word "fag" or "faggot" all of the time online but never really have a good reason or exclaiming that someone is actually homosexual. It is usually used along with the word "fak" which is a version of "fuck" only making fun of it in a "nerdy" way. The word isn't used to describe someone who is gay.

Friend1: "You are such a feegit!"
Friend2: "Heh heh, you too Jeff."