The limiting behavior of this view is in type II superconductors, which entirely "pin" flux lines -- they present an effectively infinite resistance to the movement of flux lines. That's why a magnet levitates over such a superconductor. [1]
You can even image these "vortices" directly [2]
[1] http://en.wikipedia.org/wiki/Flux_pinning [2] http://www.youtube.com/watch?v=7_ZgiumS41Q
Luckily, when I got to programming, we already had zeroes and ones. Imagine our predecessors who had to do it with uppercase o's and lowercase l's...
Uphill. Both ways.
Any non-magnetic conducting substance that is. Otherwise the magnet will just stick to the tube wall.
It'd be completely impractical, of course, but a whole lot of fun.
Not impossibly strong mind you, if magnets can hold a hundred ton train car off the ground I am sure they could slow the fall of an elevator.
I'd not want to be inside that elevator with anything magnetic in my pocket, though.
Because there aren't any magnetic monopoles, I believe in ordinary circumstances the relationship is inverse cube of distance. Reference: http://www.newton.dep.anl.gov/askasci/phy05/phy05629.htm
It would take a hell of a lot of magnets to strap to a person to allow them to jump down a copper pipe though.
And at the end of the ride, you want to take a selfie and email it to all your friends but you can't because your phone is fried.
Generally most of the damage caused by strong external magnetic fields to any electronics are caused by second order effects, i.e. something gets confused and causes data-destroying failure.
There is no "technically..." nonsense! It's not a human convention either - it's an anthropomorphic metaphor.
http://en.wikipedia.org/wiki/Metaphor
No one is comparing or likening charge to some other thing. We simply give opposing charge "directions" a name. Everyone uses the name. It's a convention.
Two fun facts about it: first, if you cut a small notch along the length of the tube, this will not happen as the current cannot go around the tube.
Second, imagine a superconducting tube with an extremely powerful magnet right in the center of it. Now, try to get the magnet out without cutting the tube.
[1] http://en.wikipedia.org/wiki/Right-hand_rule
Edit: Of course, there's nothing special about the tube being made of copper. Any conducting substance will do.