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Since the 1880s, scientists have observed that light coming from distant
stars has a red shift, showing those stars are moving away from us at high
speeds.
1920s - theory that the universe was created by a huge explosion, and all
matter in the universe is still flying away from that explosion at enormous
speeds.
Named the Big Bang Theory around 1930.
http://science.howstuffworks.com/big-bang-theory1.htm
Oscillating Theory
http://www.universetoday.com/tag/oscillating-universe-theory/