Earlier this week there were a lot of confusion as to what ticker will the new Bitcoin Cash use. It was announced that they would go by BCC, however there is another coin that uses that ticker called Bitconnect.
Bitconnect is a platform that uses a lending program to make profit off of the volatility of Bitcoin and if you've been following any coin this past week, you would notice there has been a lot of volatility in Bitcoin, hence a lot of profit for Bitconnect and it's users. Bitconnect is also one of the top 15 Alt coins per market cap and currently valued at $65 a coin.
So Bitcoin Cash tan had to go back to the drawing board because Bitconnect is a pretty dominant coin.
Henceforth, Bitcoin Cash week now be known as BCH.
I've seen some funny comments like "Son of a BCH" and "BCH Coin", just to name a few lol. So I don't know if the Bitcoin Cash team did this purposely or what but, this project what launched very fast with little time for the "small details."
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