It is an acronym for the famous vine in which a guy walks up to his girlfriend on Valentine’s Day with a Guitar and says “I love you bitch, I ain’t ever gonna stop loving you, bitch”
Bitch: Why was you with shaniqua last night
Innocent nigga: tf you talking bout bitch
Bitch: I saw you wit shaniqua at the club. We thru, dumbass nigga Innocent nigga: (But she got bomb ass pussy doe) cmon b, ilybiageslyb