The Wordreference dictionary gives the pronunciation of "live" as "lɪv" without differentiation between verb and adjective. And on the same page the HarperCollins gives different pronunciation - "lɪv" for verb and "laɪv" for adjective. Does it mean that adjective "live" could be pronounced both ways?
UPD: ok, simplier question: how should be pronounced "live" as an adjective?
UPD2: Thank you everyone! All doubts are cleared.