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lollerskate 

A lollerskate is a type of point/award that can be given to any one person at random. Depending on how totally awesome the action involving the person is, a certain number of lollerskates will be awarded to that person. 50 lollerskates is the highest number of lollerskates that can be awarded and is considered a great honor, an even greater honor when combined with a number of Schlags.

Also: A word used by only the most worthy of worthy people who have had sex with an infinite amount of hamsters and people of the same sex. The hamsters however, have to be in the right season and must have a dichotomous expanding colon the size of 15 landladies. This word can only be used in the context of something so funny, people's guts will literally fly out of their owners.
Congrats! You recieve 50 Lollerskates on the acquisition of your new car! And a Schlag!

"lollerskates!!!!!!"
lollerskate by Ric The Spic April 23, 2005
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LollerSk8 

Hey, enjoying those Lollersk8?
I can't skate!

SURE YOU CAN!

AAAAAAAHHH!!!
Does he have insurance?
I think we better go!
LollerSk8 by Taeko Hentie April 25, 2006

lollerskates 

Used to add 'extra' funny to a laugh. Often used by the faggot Adamdiz accompanied by an text-type image.
HAHAHAHAHA nice one LOLLERSKATES!!
lollerskates by ChiyoChan February 27, 2005

Lollerskatesicles 

A variation from lol or lollerskates . Can be used as a frozen lol if wanted.
"Dude that guy just tripped and fell on his face!"

"Lollerskatesicles!"
Lollerskatesicles by Smoothal April 15, 2005

Lolrsk8s 

Shortened form of lollerskates that is known to be found under an amusing picture of a stick figure being brutality killed/maimed/tripped over by lollerskates in a highly unlikely event. Used in the caption: 'lolrsk8s strike again' in italics.
<stick figure wearing lolrsk8s flies in to church bell at high speed>

lolrsk8s strike again
Lolrsk8s by Lolrsk8r November 1, 2009