Dragons are creatures with nearly unlimited life spans. They can survive for long periods of time, and no one has found a dragon that has died of old age. Adolescence is usually marked by the growth of a hatchling’s wings, although not all breeds of dragons grow wings and some breeds have other traits that indicate the beginning of maturation. Once they hit adolescence, hatchlings change quickly, maturing to their full forms in only 2 years.
Dragons don’t communicate with each other verbally, but they will growl to scare off predators and frighten prey. Young dragons will emit an extremely high-pitched squeal when they are frightened. To communicate, they use telepathy with each other and to speak to other creatures.
Red dragons are similar to typical story book dragons. They shoot flames, can fly, etc. However, they aren’t evil creatures as depicted in myths and won’t go around raiding castles, killing knights, or kidnapping princesses. They live in a variety of habitats, from forests to coastlines to abandoned castles, usually in warm climates, and eat whatever living creatures they can find.
I B STEALIN UR PRINCESS is an avid and chronic blackmailer. You see, he's quite fond of gold and other shiny things, and he has to have a way to feed his addiction.
He discovered that when a large red dragon enters a castle and shouts "I BE STEALING YOUR PRINCESS!" and then demands gold, they usually get what they ask for.
So, he decided to change his name to this for easier usage. This allows him to simply say hi and his name to get what he wants. However, being as he is an uneducated dragon he only managed to spell about half the words in his name right.
Most people don't notice. Most of them are usually much more concerned about the size of his teeth and claws.