The concept of the recycle bin is essentially the same as the recycle bin on the mac or windows.
if you drop a table, the table is not renamed and not dropped. You can query the recyclebin view to look at what objects are currently in the recycle bin. You can actually select from the table that was dropped, although it is quite an ungamely name. i.e.: Something like BIN$HGnc55/7rRPgQPeM/qQoRw==$0
You can restore the table by issuing:
flashback table "bla" to before drop;
WWSS
2 hours ago