ELI5: The appeal of Vinyl records to hipsters in 2013

CDs sure had great success in the 1990s and early 2000s but now it seems that whatever's left for people who enjoy music , it's all taking a step backwards. 128kbps MP3s listened to on tiny white earbuds, listening to the audio streams from YouTube videos on computer speakers. And to top it all off, a hip subculture of people going out of their way to consume their music from black plastic circles from the 1970s.

Please, explain. Like I am five years old.