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Xbox live 

Commonly accepted as the online gaming service for the Xbox provided microsoft, in some circles the phrase also means 'doing good' or 'feeling well'. It generally connotates feelings of contentedness or happiness. Sometimes variated to 'Xbox live fine', altought this makes less sense in some ways, as the phrase is sort of meant to sound like live, only with Xbox at the front of it, changing it's definition slightly, so adding fine to the end is percieved by some as a nerdier and less catchy version.
Emma : How are you David?

David: Oh yeah, I'm Xbox live.

David: So, mum, how's the business going?
Mum: Yeah, it's all Xbox Live at the moment.
Xbox live by Troagadiction December 19, 2009

Xbox Live 

An entertainment segment that i kick-ass in for Halo 2.
If anyone wants my gamertag to get there asses whooped, it's Scott Cena.
Xbox Live by Scott Cena April 3, 2005

Xbox Live 

We all know what the Xbox is, a revolutionary gaming console (aside from the Playstaion 3.).

However, Xbox LIVE can be used as slang for boxing. Controllers being the gloves.
Person 1: Hey man, wanna play some Xbox live?

Person 2: What game are you playing?
Person 1: Friday Night Fight live!
Person 2: Sure!!!
Xbox Live by Desperate Advisor November 1, 2010

xbox live 

the place where toxic nine year olds say they slept with your mother
hey i never want to log onto xbox live again
xbox live by bruhmemer May 3, 2021

Xbox Live 

A place made by Microsoft where humans can connect and start yelling racist shit and multiple swear words,
This feature is mostly used by 9 year olds, bots, 30 year old men, etc
Lucky for me I only met 10 toxic 9 year olds in my 3 years of xbox
I used to to be that one toxic 9 year old in the bo2 lobby btw
Be careful on this platform, its scary at times
Common words/phrases are....
Fuck you
YOUR A HACKER
I fucked your mom last night
Suck a dick!
Go fuck yourself
*constant screaming followed my eating the mic*
N*****
*mom yelling at the user to get off the Xbox*
Bitch!
I cannot go any farther than this otherwise this wouldn't exist
In conclusion Xbox live is garbage
Xbox Live by A fucking loli October 9, 2021

Xbox live 

A place to share and participate in "dirty talking" with others who are sharing the same chat with each other. Xbox live is popular among the LGBT community as it shares many popular circle jerks such as exclusives like Halo. Faggots alike love this place to share their same liking of dicks and big black slippery men.
Hey Gordon, wanna go to my house to have a little fun?

Not today sweetheart, I have homework, but we can have a little fun on Xbox live.