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"Bunchie" refers to a commonly found animated GIF avatar in various forums, and is often described as being a phallic-looking llama like creature. Excerpt from [3]UrbanDictionary written by user FL@ME on Aug 12th, 2003: A creature with four legs and an elongated neck. Also Capable of attaining high speeds while galloping. Similar in appearance to that of a male phallus.