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1.
-It describes a grown man situation. Being that the if the Dick has hair at its base, then it belongs to a grown man.

-Used to describe something manly, Gnarly, rad, boss, dope, or awesome.
Example 1
-"Dude this UFC match has hair at the base."

-"What?"

-"It's dope as balls"

Example 2
-*sluurrp* "DAMN this Slurpee has hair at the base."

Example 3
- "Yooo that steezy kickflip back tail had hair at the base!"
by Lord Edward Everton VI December 05, 2010
8 2