Hipster's Cadillac
A fixed gear bicycle with a $2000 Italian frame bought by the accompanying hipster's parents as a Christmas gift, usually plastered with obscure stickers, may have brightly colored, mismatched rims with spoke cards bought off ebay. May have a tube frame pad with an ironic design... (Plaid). Fits snugly on the bike rack mounted to their decal laden, rusted out 1993 Volvo 240.
Yup, that's a Hipster's Cadillac.