I believe that when viewed from inside the blackhole, everything in the universe occured simultaneously. This means the universe lacks the phenomenon called time.

I don't belive in "spaghettified concept' because the blackhole in not a hole but another matter ball with extreme density creating extremely high space time curvature...it is not the blackhole that pulls you down but its the surrounding space that pushes you down. Even if 'spaghettified' is possible, its only an illusion seen by an outside observer

I may be naive, and I certainly would defer to Stephen Hawking, but I don't think it meaningful to speak of "the universe" from within a black hole. We simply do not "see" a universe beyond the black hole, all we can "see" is what is interior to the black hole. Thus it is not meaningful to compare time intervals inside and outside a black hole because the concepts of time inside and outside are different.

Even if we see the universe from a point very close to the apparent event horizon, the time dilates to such an extent that the time of the locations away from tne universe will be much faster (say 1 second for the observer near blak hole will be 100000 years for an observer on earth). I think it will be meaning full to start observing the universe from a blackhole (or near it) to understand the true working of time and space continum.

The time is stopped only at the surface of the black hole. Inside black hole and out it the time flows. The object is a black hole by the condition that its radius coincides completely with the Hilbert radius. The collapsed object can be as the Schwarzschield black hole as the other one, for example, the de Sitter black hole.

First of all, the blackhole is not a hole. It should have a highly dense matter particle at the centre (very dense that 1 cm of it should accomidate more than 1 million earth matter). This means that the blackhole should have a surface. The stars, planets, clouds, etc that are sucked into the blackhole are trapped in time between the apparent horizon and the surface of the blackhole. This is what I hypothis about a blackhole.

If anyone wants to find out what happens when entering a black hole, a good place to start is Andrew Hamilton's web site. The first link is an older version, the second link is an updated description from 2010. The physics is the same, just a more modern rendering.

http://casa.colorado.edu/~ajsh/schw.shtml

http://jila.colorado.edu/~ajsh/insidebh/index.html

If you're going by the maths: that does not follow at all.

The interior of a black hole does not behave at all like the exterior, even very close to the event horizon. It is true that in the interior of a black hole time and space would switch character - this is in fact a mathematical way of explaining how we always end up at the singularity: as time always goes towards the future outside a black hole, space goes towards the singularity inside one. This does mean something weird about time - perhaps one is 'free' in it to a certain extent; but reason:

a) once in the interior of a black hole, you cannot escape, and all you will see is any light that happens falls into it;

b) you will fall into the singularity in finite *proper* time anyway, so your experience of being crushed into a singularity will occur in finite time to you, leaving you unable to see anything in the universe at all (even if you could survive the experience, it is unlikely that any constructed or organic object could), and

c) you may be 'free' in space right now in that you can move in any direction, but it doesn't mean you can go to the far reaches of the universe just because you want to; similarly there is no reason to believe that just because time and space switch character inside a black hole, and you become unstuck in time, it does not follow that you are suddenly free to explore all the reaches of time from within it.

Without exploring the maths closely, I suspect the mistake in your thinking is a classic mistake of relativity: comparing my first paragraph with point 2, it's possible your mistake is confusing *co-ordinate* time (that measured from a particular frame of reference stationary with respect to the 'traveller') with *proper time* (that measured by the 'traveller' themselves.)

(Possibly you have heard of the effect whereby if you observe someone falling into a black hole you would never see them even enter the horizon but from their perspective they would enter the black hole in a finite amount of time? This is due to the same difference, between co-ordinate time and proper time. Near black hole, these things become very different measures!)

(PS - you may hypothesise about black holes, but some advice: I urge you to read the vast amounts of information that is already known about them and learn the mathematical background before making hypotheses - there are scarcely any more counter-intuitive objects in the known universe, but they certainly are not objects about which little is known.)

Please see through this reference and then see the following question:

Reference: http://www.physicsoftheuniverse.com/topics_blackholes_singularities.html

In the centre of a black hole is a gravitational singularity, a one-dimensional point which contains a huge mass in an infinitely small space, where density and gravity become infinite and space-timecurves infinitely, and where the laws of physics as we know them cease to operate. As the eminent American physicist Kip Thorne describes it, it is "the point where all laws of physics break down".

Current theory suggests that, as an object falls into a black hole and approaches the singularity at the centre, it will become stretched out or “spaghettified” due to the increasing differential in gravitational attraction on different parts of it, before presumably losing dimensionality completely and disappearing irrevocably into thesingularity. An observer watching from a safe distance outside, though, would have a different view of the event. According torelativity theory, they would see the object moving slower and slower as it approaches the black holeuntil it comes to a complete halt at the event horizon, never actually falling into the black hole.

The existence of a singularity is often taken as proof that the theory of general relativity has broken down, which is perhaps not unexpected as it occurs in conditions where quantum effects should become important. It is conceivable that some future combined theory of quantum gravity (such as current research into superstrings) may be able to describe black holeswithout the need for singularities, but such a theory is still many years away.

According to the "cosmic censorship" hypothesis, a black hole's singularity remains hidden behind its event horizon, in that it is always surrounded by an area which does not allowlight to escape, and therefore cannot be directly observed. The only exception the hypothesis allows (known as a “naked”singularity) is the initial Big Bang itself.

It seems likely, then, that, by its very nature, we will never be able to fully describe or even understand the singularity at the centre of a black hole. Although an observer can send signals into a black hole, nothing inside the black hole can ever communicate with anything outside it, so its secrets would seem to be safe forever. 

****An observer watching from a safe distance outside, though, would have a different view of the event. According torelativity theory, they would see the object moving slower and slower as it approaches the black holeuntil it comes to a complete halt at the event horizon, never actually falling into the black hole.****

If this observation is right, then from the point of view of the observer (BH)  faliing into the blackhole,

At event horizon, the observer BH should measure his time of 1 second being equal to infinite seconds for the observer at safe distance (neglect the case if observer BH become spagatti or if he cannot clearly see the observer's watch at safe distance). What I am trying to understand is the effect.

Note:

I know the conventional understanding of blackholes...anyone falling into it will be spagettified or burn by a possible firewall...This I can read in any website or book...

What I am trying is an alternate approach...a more novel approach to understand the concept called TIME...see past the event horizon...untouched by firewall or being resistive to spagattification...What will happen? 

"c) you may be 'free' in space right now in that you can move in any direction, but it doesn't mean you can go to the far reaches of the universe just because you want to;"

You are right, we currently don't have enough technology to aspire these far streched dreams of intergalactic travel. But it doesn't hinder us from aspiring to achieve those. It is our dreams and aspirations that has brought us, humans, to this atomic age. And we will acheive everything in future. We will develop technologies that will take us to far streches of universe.

KSR: At event horizon, the observer BH should measure his time of 1 second being equal to infinite seconds for the observer at safe distance

That would be the case if he could stay at that location but that is impossible, he would need to be moving at the speed of light just to stay there.

The realistic way to think about it is an observer in free-fall approaching the BH, he doesn't see an infinite amount of external time, he only sees up to a finite cutoff.

KSR: (neglect the case if observer BH become spagatti or if he cannot clearly see the observer's watch at safe distance). What I am trying to understand is the effect.

The spaghetti effect is not a big problem, for a super-massive BH, the stretching at the event horizon is less that the stretching of your body by the mass of the Earth and you don't even notice that.

KSR:I know the conventional understanding of blackholes...anyone falling into it will be spagettified or burn by a possible firewall...This I can read in any website or book...

The quantum firewall is still a contentious issue and far from being accepted. Have a look at Andrew Hamilton's site which covers the conventional (gravity only) understanding of a black hole. Note in particular how the horizon changes as the observer crosses the horizon. That should clear up a few of your concerns. I'll repeat the link in case you missed it before.

http://casa.colorado.edu/~ajsh/schw.shtml

Thank you everyone :)

The instant transfer of energy (information) takes a place on the surface of black hole (the horizon of events). The observed time is stopped at the horizon of events. Let we live inside a black hole, but not on its surface.  In this case our time flows (i.e. it is not stopped). The speed of the time flow is determined by the structure of the component g_00 of the fundamental metric tensor: 1) if g_00 = 0, the time is stopped; 2) if g_00 = const, time flows uniformly everywhere; 3) if g_00 depends on the distance r from the observer, the flow of time depends on r. The time does not uniformly flow inside de Sitter's universe, because g_00 depends on r. The flow of time in this case depends on the distance r between the observer and the horizon of events: it decreases if r increases to g_00 = 0 at the horizon of events (r = a = r_g, where a is the radius of the universe, r_g is the Hilbert radius). It is necessary to note that for the de Sitter closed model we find a = r_g. The r_g is considered usually as the radius of the Schwarzschild sphere in the model of collapsed unite mass. It is possible to show that  the de Sitter space is collapsed by the condition a = r_g.

See my published paper "De Sitter Bubble as a Model of the Observable Universe":

http://zelmanov.ptep-online.com/papers/zj-2010-01.pdf

It is evidently that the problem of  instant transfer of information cannot be studied in the Special Relativity, because g_00 = 1 in the Minkowski space.

http://zelmanov.ptep-online.com/papers/zj-2010-01.pdf

AS: universe is timeless also outside of black hole

That cannot be true, your comment wasn't there yesterday ;-)