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A fake gay hero. Usually a straight man who thinks he's the bees' knees because he gets a lot of gay love. He's pretty and acts like he knows what he's doing, but he's just faking it.
My boss is a gaicon. He thinks he's got it all figured out, but he's just flattered by the compliments.
That guy from the gym is a gaicon. He's got six packs and a smile that could melt ice cream.
My neighbor is a gaicon. He says he's not gay, but he's got more gay friends than I have relatives.