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lolercaust 

mass laughter

similar to mass destruction of a holocaust
person1 - i peed my pants today

person2 - lol lol

person3 LMFAO!!!

person4 OMG LOL!

person5 - Its a lolercaust !!!
lolercaust by Marcq June 20, 2006

lolercaust 

An event which takes place on the internet with three or more participants that is funny, but clearly motivated by unsavoury and morally bereft inclinations and means and would likely be considered offensive by other, more sensitive individuals.
P1: omg, ur a f*ckin f*g.
p2: f*ck you, f*g.

p3: f*ck you both, you're both f*gs.
p4: f*ck you n*ggers, you're all n*gger f*g k*kes!
Ghett0: Jesus Christ, what a f*ckin 'lolercaust. Will you guys give it a rest before you get yourselves banned?
lolercaust by OG Ghett0 May 21, 2009

lolercaust 

Possibly the mass killing of noobs, who inspite of their extreme pain, still continue to say lol.
1337 Guy: Hey noob...stfu or gtfo.
n00b: ......omfg lolerskates!?
1337 Guy: What the random!? -Chops off noobs head-
n00b: lolololololol ow guy :
n00b2: OMFG IT R TEH LOLERCAUST!!!!!!
n00b3: y they be hatin? :
n00b2: cuz we got les cloze then dem on gaia :(
lolercaust by The Stick September 29, 2005

lolocaust 

Funny on a scale that kills 6 million people.
"man that joke caused a lolocaust"
lolocaust by Brando January 22, 2006

Lollercaust 

Comedy on a massive scale; Laughter that leaves six million dead
Springtime for Hitler was a Lollercaust!
Lollercaust by Saepiroth June 2, 2003

lolercoaster 

A joke which in which the humor is thought to cease/die down when in actual fact continues to be funny. As if the joke is on a roller coaster going round for a second time.

loler meaning: laugh out loud er

Commonly used in the 'geek' community.
lolercoaster: None. Only in context of a Joke. Can apply to most humorous situations if it fits the criterion of the definition.