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It means either: A: associating it with basketball .. you yell "ballin" wen sum one makes a basket. or B:You popped(took) an E pill .. Down here in Jersey we call them ballers and when you begin 2 feel it(begin 2 ball) then your "BALLIN" or C: You madd rich and got money .. that you can flaunt and spend like it aint shyt..so you "ballin"
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