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1.
This pharse is used to designate when the main protagonist of an anime, movie, manga, etc will die at the climax or conclusion of the story.
Fanboy1:Hey did you see cowboy bebop?
Fanboy2: Yea.
Fanboy1: Is it any good?
Fanboy2: Spike Dies.
Fanboy1: ... Fuck you man.
av Ikillmyfriends 26 januari 2006
 
2.
A spoiler that reveals too much information.
Man 1: Spike Dies!
Man 2: Dammit, you ruined the ending!
av G.L. 27 september 2004