bullschmidt 

a story that is so ridiculous one may only shake their head and laugh at it

Person 1: Dude I have 32 guns at my house and 84 bow and arrows............oh and I blow shit up like all the time!

Person 2: Bullschmidt!!!!

bullschmidt by The Unknown3485857436363827617 January 28, 2011

Billshittin 

It just another way of saying bullshit.

I'm just billshittin wit cha.

Billshittin by Billy Williams September 28, 2005

bullshmitted 

To have plans with the same friend who usually cancels.

I was going to hang out with Ryan today, but he bullshmitted and had to reschedule.

bullshmitted by Ryan's friend July 4, 2010