The simplest visual representation of the Lie group associated with the Virasoro (Lie) algebra is the group of reparametrizations of a circle.
Imagine that $\sigma$ is a periodic variable with the periodicity $2\pi$. An infinitesimal diffeomorphism is specified by a periodic function $\Delta \sigma(\sigma)$ with the periodicity $2\pi$. So the generators of the reparameterizations may be written as $f(\sigma)\partial / \partial \sigma$.
The possible functions $f(\sigma)$ may be expanded to the Fourier series, so a natural basis of the generators of the reparametrizations of the circle are
$$ L_m = i \exp(im\sigma) \frac{\partial}{\partial \sigma} $$
As an exercise, calculate that the commutator $[L_m,L_n]$ is what it should be according to the Virasoro algebra, namely $(m-n)L_{m+n}$.
The Virasoro algebra for a closed string has two copies of the algebra above - and for the open string, it's only one copy but it's different than the "holomorphic" derivatives I used above. There are various related ways to represent the algebra but the reparameterizations of the circle are the simplest example.