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They're the people who buy very expensive bikes, wear tons of Lycra with way too much gadgetry and gear all over their clothes and bikes and don't obey the rules of the road. More money than brains, gadgetry than skills, they never use hand signals, they ride doubles / triples / quadruples down narrow roads in car lanes and disobey "share the road" rules. They make other cyclists look bad. They're into the idea of cycling but don't actually live it or know anything about it. It's a status symbol to them that only other lycras think is impressive.
Those lycras just rode across an intersection without obeying traffic signals and caused a 3-car pileup!

Last week I hit a lycra because he didn't use hand signals. They had to use the jaws of life to remove all the spandex.
lycras by dollar bill yallz May 1, 2017
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knight in shining lycra

i couldnt do anything with my hair until eric my hairdresser came like a knight in shining lycra and made me beautiful
Not as good as previously thought, not meeting expectations, falling short, lukewarm
Guy 1: "Dude lets not get Dr. Pepper it's too expensive, get the store brand"
Guy 2: "Shut up bro that stuff is way too lycrisol to drink, it's too watered-down"
lycrisol by Yoloswag4jesus69 July 25, 2011

lyrasona 

A moronic forum troll who intentionally takes the anti-logic position similar to Steven Colbert except without the humour, wit or grammar.

Also featured in a "what not to do" educational music video in Heroes of the Storm due to their extremely poor skill level and performance.
youtube.com/watch?v=tFx5ZKwhZf0
That's the most retarded thing I've seen since LyraSona.
Ah shit we got LyraSona on our team, we GG we lose.
lyrasona by VultureMount April 13, 2016

Lycranthropy 

From Lycra and Lycanthropy:
1) The tendency to wear spandex at night when the moon is full.
2) The mythical ability to turn into a spandex clad super hero when the moon is full
I knew my lycranthropy had gotten out of hand when I found myself at midnight in the grocery store wearing spandex shirt and shorts with the bike at home.
Lycranthropy by Mickey Makulit April 6, 2011
Commonly found as a person's last name it derives from ancient greek and has the meaning "badass king" or "untouchable".

King Lytraeas III made the word famous when he named all of town Chrisi's gyms and brothels after his name.
OMG! I would totally hook-up with Dan! He's such a lytras!

Beside the drugs, I look up to Charlie Sheen, he's a total lytras!

lycranthrope 

A lycra-wearing cyclist who shape changes into a bicycle-riding wolf when there's a full moon. They then randomly break off wing mirrors and shout abuse at motorists who they think have wronged them.
The other night I was just minding my own business, sat at the traffic lights, and some passing lycranthrope broke off my wing mirror and implied that I indulge in self-abuse! Must be a full moon again.
lycranthrope by Jollyer December 6, 2020