1) A person obsessed with the paranormal or the concept of magic.
2) Someone who always opts to take magic over anything else.
Definition 1:
Person A: Yo bro so I was digging around this guys dumpster looking for mystical paraphernalia.
Person B: You're a magifag.

Definition 2:
Person A: Do you want to play a fighter or a mage?
Person B: Mage. Mage. Forever and always mage.
Person A: Magifag.
by Jeffilepsy August 23, 2013

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