Usually the meaning of someone who is a Red Waffle.
You are a Blue Waffle you moron.
Hard to explain so look it up on Google images
Look up blue waffle in Google images
Blue Waffles is a term that refers to a sexually transmitted disease caused in the female genitalia that turns the vagina blue, thus called Blue Waffles, where "waffles" is a slang term for vagina. It is in fact a hoax. A photoshopped image that went viral in 2010.
Dude, do not look up Blue Waffles!
- Oh crap...
After roughly pounding a female with a blue waffle, cream all over her pussy and lick i up.
"Brad wrecked my blue waffle last night then surprised me with some blue waffle syrup."