If looking backwards from the center of an infinitely long standing wave, one does get the impression of a rather large bang - but with no precipitating cause, the concept necessitates a creator of some kind.
It is a model that emulates the experience of birth, life, and then death, mimicking the experience of the observer.
I find this extremely crude drawing helpful in visualizing the other potentials available:
RE: Omega Point: The Meaning of Life