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The difference between tyme and time is that t"i"me refers to the time of day as t"y"me refers to a specific action that is going to take place.
time- what time is it? 8:35
tyme- what tyme is it? its smash tyme :D
tyme by butt slut October 27, 2007
Having a good time. Usually with the help of an abundance of women and alcohol (and possibly other mind altering substances).
John: "Man last night was pretty dope.."

Brian: "Yeah man I had a tyme!"
tyme by NF709 November 3, 2010
Tyme is the new time. Nuf sed.
I had a good tyme! Insert funky GIF
Tyme by someone annoyed June 11, 2018
An unshaven anus, usually belonging to a woman.
'tyme's 70's porn was so gross; all the women had wolfholes
tyme by Titties Mc. Gee November 8, 2007
Tyme is the best rapper in germany
1. you need a rolex if he went on the first place
2. Oracle said that 2K17 is his year
3. tymeonsmoke is his second name
If Tyme goes on 1 i will buy a roli.
Tyme by tymee January 1, 2017

Tyme Machine 

Before we go, I have to stop at a Tyme Machine to get some more cash.
Tyme Machine by bigmonte October 20, 2003