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1. When someone finally realizes that they have no life whatsoever, because a life does not consist of playing WoW for 20 hours out of the 24 hour day.
2. When someone dies, and they have a really hard time dealing with it.
1. Hey, look, Eric's having a no-life crisis! He just got his Night Elf up to level 60 on WoW, and he finally figured out that he's a loser.
2. Yeah, Bob croaked the other day, but he's having a really hard time accepting that he's dead. He keeps coming into the bar, and ordering vodka... it's a sad sight, really.
by Noah Anderson December 28, 2005
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