Used to describe the state of something, whether as how it looks or otherwise.
"Hey mate, hows your computer?"
"Yeah not bad, looks shit as fuck with the wires and stuff though"
"Fair enough"
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"Can you believe him?"
"Damn, that's shit as fuck."
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"I hate livin down unda m8, this australian internet is jast dasgustin m8, aye keep gittin a 404"
(read in australian accent)
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