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/smaug/
adj.
Something overwhelmingly badass.
The second Hobbit movie was so SMAUG!!!
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1. The kickass dragon from J.R.R Tolkien's THE HOBBIT.
2. My hamster.
Smaug likes running on his plastic wheel.
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An idiot of a dragon who thought burning Laketown was a good idea. Of course he was shot down by Bard the Bowman through a gap in his scales.
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A code for when an individual wants to log into Skype, or any other video chat medium, to have virtual sex with an acquaintance.
"Yo man, you wanna chill tonight bro?"
"Sorry homie, Smaug is on tonight."
"What?"
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a fag0t cs plar hoo thiks hie is 1337
mi nmae is smuag teh fag0t!`!!1
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Smaug is thought of as a dark word, and can refer to someone or something being dark, dirty, foggy, and in the correct context, downright a jerk. Definition not to be confused with the dragon.
The air has too much smaug in it, it has become too dirty!
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The act of sitting on substantial wealth reserves with no intention and/or ready method by which to exchange it for goods and services. A reference to the dragon named "Smaug" from J.R.R. Tolkien's "The Hobbit" who acquires and obsesses over vast treasure reserves yet has no way or desire to spend or trade them.
Used to refer to members of the Bitcoin community who have acquired large stores of bitcoins yet few outlets by which to spend them for things that they might want.
Sam says he is totally smauging on his Bitcoin stash until he can buy a new house with it.