So I was over in the shitpost section of one of my new favorite discord servers with the 
https://steemit.com/steem/@dickdeepdog/10-1-reverse-split-does-what-exactly-to-our-account-balance
In this post by 
The reverse split from Steemit Whitepapers (page 39)
"In order to compensate for the ever increasing precision, the STEEM network performs a 10:1 “reverse split” every 32,000,000 blocks (about 3 years). At this point in time, all balances of STEEM are divided by 10 and all prices are multiplied by 10. Cryptocurrency exchanges will have to suspend trading around this time and update the account balances and price history to reflect the “reverse split” before resuming trading."
What does that mean?
Well in my ongoing fuckup that I call my life I have made some bad choices on a few stocks (Greek banks) lol. Thinking they would rebound but instead, they do a 100:1 reverse split.
So lets put this into steemit terms. we all know I want penny steem. While that is a huge possibility at our current rate of freefall. Upon the reverse split, my existing 1500 steem power would be divided by 10 and the current price of steem would be multiplied by 10 is the most base way I can put it so instead of 1500 SP at a penny I would have 150 SP worth 10 cents each.
So in roughly 21 weeks if we stick to this plan in the white papers all your steem power will be 1/10th of what you had the day before.
How do we get steem above a dollar again?
Easy, just make sure it is worth 10 cents when we get to block 32,000,000 and the next day it will be worth $1.00
This really makes me want to power down and put money in something else because in my experience when something is already declining and then reverse splits shit really hits the fan and prices drop fast. Though that does bring in a good buy in opportunity to help level the playing field with whales that are not watching what is going on and get hit with the reverse split while they are not looking.
Imagine the complete anarchy that will be unleashed when people that do not understand stock splits go to bed with 10 million shares and wake up with 1 million. Lol.
Mark your calenders
Somewhere Between late April and early June we should hit the magic block the stops the steem world.
Steem whale exit plan right here.
This is assuming that this is still the plan. the newest white pages are only 32 pages and no longer mention it so it may be a surprise that is going to happen without any notice now.