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Fagshit is used to describe a situation or set of actions. Most common use is to announce your departure of a location, or declare your discontent for the people, or things being done at the location.
Yo bro, I was at this party and the cops showed up. It was total fagshit.

Hey man, I heard you touched some other dudes balls. That's fagshit.

I was hanging out with some people at this club, but then they started this 80's dancing competition. So I just told them that it was total fagshit and peaced out.
Fagshit by Greysticklol! September 23, 2009
ad. 1. That which is gay is fagshit.
2. Uncool acts
When the Cowboy narced on his friends to get out of a MIP, that was definately fagshit.
Fagshit by Joe Cool December 9, 2003

fanshitter 

n. (fan + shitter)

Someone who seeks or creates unnecessary drama. Instead of shit hitting the fan... these people unnecessarily shit INTO the fan.
My roomate is a goddamn fanshitter.
fanshitter by Eugenia Yang June 23, 2007

Fag Shit 

A very compact turd. As if a penis rams another's anal cavity, causing the shit to be nice and compact.
Man, I just took the biggest fag shit. Felt like a rock came out my ass.
Fag Shit by MiScreant March 7, 2012
Unintentional escape of shit while passing gas. Typically occurs while trying to fart at early stage of diarrhea.
Man, I farshitted my pants again! sooo embarrasing...
farshit by Mr. U-be-U May 19, 2008

Fagshire 

Any county in England that isn't London due to everything else ending in '-Shire'
Oh, what a fagshire.
Fagshire by K. Hoebag November 7, 2010
When you no homo giving your friend a brojob
Ryal was giving his best bro Matt a faghit.
faghit by BallinLikeStalin January 5, 2017