What is lulzasaurus?

the ever so elusive Lulzasaurus is a rare dinosaur that does it for the lulz. If or when caught the lulzasaurus spouts the phrase i did it for the lulz

the man{always bringin' ya down}: Lulzasaurus, why did you change all those wikipedia entries?
Lulzasaurus: I did it for the lulz!

Person 1: yo, I love Lulzasaurus!

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lulzasaurus - video