Is a word that is supposed to be a verb deriving from a mutation of "converse" and "conversation. It is in the dictionary as "non-standard except in some dialects".
Some may believe this entry in the dictionary gives the word validity. It doesn't. Any slang or bastardized word embraced by popular culture could end up in the dictionary with this definition. That in no way means that it is a legitimate word.
From the same school as "irregardless" or "ain't". An example was given above to attempt to legitimize this word by quoting rap songs. Ridiculous. Is "Sizzurp" a real English word too?
The type of sentence you might hear from someone who believes this is a word:
"I don't speak English that good but I'm gonna conversate wit cha irregardless"