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It is usually used at the end of a video to congratulate the user for a good job on the video. Hiwai (ひｙ/卑猥)means doing something (talk, acting of, etc.) sexual.
It can be used in namahousous when a user hosts a chat housou (chats with the viewers).
GJ is a term used on Nico Nico Douga, short for "Good Job".
In the world of utaite one might come upon various Japanese terms in which one might not have a thorough understanding of.
Well, search no further, the Nico Nico Dictonary is here!
However, on Nico Nico Douga , they are user-made medleys, usually very long, that function as a playlist of sorts.