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Can mean one of several things.

1). Someone with a very small penis who thinks they are cool.

2). A person who plays WoW a lot and brags about judgement of light

3). Sounds slightly retarded
That wibi needs to get off the computer and buy some penis enhancement.
Wibi by Lawlinator June 9, 2010
Related Words
A young woman who has yet to recieve her official License to Bitch.

A teenage girl who thinks the world revolves around her, her opinion, and her thoughts.
That little freshman is such a wibitch!
Wibitch by Jenimisy December 10, 2013

skibita wibita 

When you cant understand what someone said to you

(either because the other party is foreign, or because you havent brushed up your urban dictionary skills)

You make the statement "skibita wibita"

pronounced: Skeb-it-uh wib-it-uh
example 1:
Man 1 "Howd a gwon do dat a me?"

Man 2 "skibita wibita?"

wibilitation 

wibilitation means your friend or buddy
whats up my wibilitation
wibilitation by JaVonta Young January 2, 2008
Dammmn he got a Wibii
Wibii by Nisse Ku November 5, 2008
Wibit
Oh my god did you see the deadly wibit
Wibit by satneyka August 22, 2021