Why are there people so damn desperate to keep the price below 400? What are they afraid of? What do they want?
[...] a giant ponzi scheme.
You described the stock market.
close you could fairly say I'm describing a lot of penny stocks, however a typical stocks value isn't an arbitrary figure as a profitable company adds value to the stock in terms of re-investing in the underlying business and to share holders in the form of dividends.
It is still the same. For each seller there is a buyer. Its a zero sum game depending on how people value the item traded. No more, no less.
No that's what I'm saying although bitcoin is a zero sum game (participants gain or loss is exactly balanced by other participants gain or loss) that is not the case with stocks as the underlying book price of a profitable company grows with time and dividend payments are paid from the company's profits.