Lolocaust is when someone majorly kills a conversation, usually in online chats.
Guy1: and then he said "that's not a chicken, that's my wife"
Guy2: "OH HAHA THAT'S REAL COOL LIKE THE TIME I KILLED THE BEAR IN DOOM 3. HAHAHAHAHA"
Guy3: ....
Guy1:....
Guy1: lolocaust.
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