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1.
An accii drawing, it is a picture of a stick skating on some "lollerskates". The skates are made out of the word lol.
Lollerskaters are funny to look at.
by robbis March 01, 2005
 
2.
a type of ASCII art that is used commonly
haha look at that stupid lollerskater
by Jace D. September 05, 2007