Satan also recognizes that his pride was false. His boasts were conceited and they have brought him down as well as many others. This is a typical ending for ambitious characters. In modern times we view ambition as a good quality, but during Milton's time ambition was looked at as a fault. Many of Shakespeare's plays deal with the fall of ambitious characters and Milton, being an early neo-classical writer, would want to follow in these traditions.
abide- to accept the consequences of; to submit 2. to behave in accordance with; adhere to rule.