1: usually offensive : extreme mental retardation

2: something notably stupid or foolish

There’s a guy who is making hundreds of dollars from a site that he put up as a joke.  Basically, it’s a dick-waving contest to prove who is the most ‘baller‘.  Dudes log on to the site, then pay money via credit card to get to the top of the list.  Whoever makes it to the top of the list earns the title ‘The Big Baller’, hence the name of the site, TheBigBaller.com.  He’ll retain the moniker and stay at the top of the list until someone ponies up more money than the current baller did, at which point they will take over the prestigious title.  If he wants to prove that he is the most baller and earn crown back, he’ll have to pay the difference between his bid and the new big baller’s bid, plus at least one dollar more.

As soon as the press release drops, this thing is going to blow up and he’s going to make some serious cash.

If this does not exemplify human stupidity at it’s worst, I honestly don’t know what would.