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An "online auction image host". In other words, its purpose is to hold direct link pictures for people in auctions. Although, its use is not limited to that; it can host any kind of file. Each account holds one megabyte, which should be plenty to host a lot of pictures.

Similar to Photobucket, except it doesn't have a horrible limit on bandwidth, but it isn't as user-friendly.

It used to be free, but now an account requires paid money, except for the people who got an account before the change.
Oh forget this file transfer, I'm uploading this to Boomspeed...
Boomspeed by Joshua Squires September 17, 2005
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boomskee 

The sound a knowledge bomb makes after it is dropped on inadequate competition
BOOMSKEE!
boomskee by Erik Da Vike September 20, 2011
Related Words

Boomsheeka

a racial slur for describing people from India
Look at those boomsheekas over there with the dots on their forheads.
Boomsheeka by cabajul May 10, 2009

boomsheeka

Hey Jamal Look at that Boomsheeka shakin her ass
boomsheeka by Paul February 9, 2004

boomsplode 

to explode with a loud boom noise.
I shot my mom's cars gas tank, and it totally boomsploded
boomsplode by bigfattony July 3, 2009

Boolspeech 

When two or more individuals engage in a conversation in which the discussion devolves into near nonsense only decipherable by those two individuals by sheer context.
Person M: I will C O N S O O B your anus. Bool.
Person D: *wild screeching* Bool.

Person Overhearing convo: Damn those two are heavy into Boolspeech.
Boolspeech by FidelCTR May 29, 2018

boomsheeka

According to the fictional character Will Smith from the NBC sitcom Fresh Prince of Bel-Air it refers to the Philadelphia slang term for snack packs.
back in philly we call snack packs boomsheeka