Circlejerk

[Sarah]

To kneel in a circle with others and pleasure oneself. Also refers to a pompous, self-congratulatory discussion where little to no progress is made.

[Sarah]

A group discussion or activity between like-minded individuals that validates mutual biases or goals in a non-confrontational environment.

[Sarah]

Sometimes used to describe an internet forum thread where forum members all give each other kudos (Or rep where a rep system is present) for some non-event that has occurred.
Group intellectual masturbation.

[Sarah]

when a group of males all stand in a circle and everyone jerks the person os either the right or the left of them.

[PussyCat]

An act where several individuals (usually male) masturbate in a circle (hence, circle jerk). This group activity was first practiced and invented in Australia.