The discussion centers on the wave equations y=Asin(wt-kx), y=Asin(kx-wt), and y=-Asin(wt-kx), exploring their equivalence and differences. The first two equations represent waves traveling in opposite directions, while the third indicates a reflection with a phase shift of 180 degrees. The negative sign in the reflection equation signifies the inverted amplitude of the reflected wave. Participants clarify that the direction of wave motion is determined by the sign in front of the kx term, with y=Asin(wt-kx) moving in the positive x-direction and y=Asin(kx-wt) in the negative. Overall, understanding the phase shifts and directionality is crucial for correctly interpreting wave behavior.