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2.
Shit + titanic: The state of being immensely "like shit."
Matt: How was it sitting through that Kurt Cameron movie?

Jeff: Like watching the Shitanic steam by.
by hondehay September 21, 2009
 
1.
From titanic: a shit that is so large it poses a danger to shipping
man 1: You're walking funny
man 2: I've just sunk the shitanic, I'm not sure my ring will recover
by bigmikey January 02, 2006