The act of typing using all capitals, or having caps lock on while typing. This is often used as the computer version of shouting.
Person 1: HEY! WHY DID YOU DO THAT!
Person 2: You just capsed!
Emphasizing something to all srsly large possibilities. Literally speaking, your level of disgust/amazement/horniness is officially "over 9000".
ALSO: A state of mind in which you are unbannable from the shoutbox, causing you TO TYPE IN ALL CAPITALS IN FRONT OF MODZ.
"Dude I just saw my mom naked and I totally capsed."
"OMFG DOOD UR SERBA IS LEET U MADE ME CAPS."
"Lol srs business shoutbox stop capsing."
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When people get pissed off at you because you type with CAPS LOCK on and think that you're yelling at them but you're really just trying to emphasize your point.
jason: WHAT THE FUCK IS GOING ON??
karen: why are you yelling?!
jason: I'M NOT, I'M CAPSING
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(adj) used to describe someone that always forgets to turn their caps lock off when they're done using it, resulting in entire clauses of accidental capitalization.
Dana: hey dude, I'm not feeling so well
Cal: THAT SUCKS :(
Dana: lol somebody's handi-capsed
Using all caps to express anger as stupid as that anger is.
A: your all stupid
Me: you're*
A: I DIDN'T ASK YOU FOR HELP ON MY GRAMMAR!
Me: dude quit your all capsing
When someone capitalizes a WHOLE word, phrase, or sentance and not everything or just the begging of a noun/sentence, it's considered to be CAPSed.
Girl 1: Did you see Max's about me on his myspace profile?
Girl 2: Yeah, he totally CAPSed your name! How adorable!