That $e^{i\theta}$ traces a circle $\theta \in R$ has been well discussed elsewhere.
However, I was always curious with it's relation to the following property of $i$:
$i^0$ = 1
$i^1$ = i
$i^2$ = -1
$i^3$ = -i
$i^4$ = 1
These properties seem like they should be related, but I can't map them too eachother.