You might have seen people talking about this
So it means that -127.0.0.1 is our local machine's (our computer's) loop back IP address.
Every computer has this address. Its nothing but our IP.
This IP is mostly used to ping and check if our NW card is working or not....
:There is no place like 127.0.0.1: is a meme.
If we ping our self by pinging 127.0.0.1, we will get our response at the other end.
So, its like our home. As we are 127.0.0.1.
Its ok if you dont find this funny. As i didn't find it in the beginning too.
Here is a fine T-shirt for you if you get the meme.
I didnt find this on AMAZON India - so here is another product you may want to see
You may want to see my other posts -