Yes, it'll run fast.
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~0.7 of player speed
I'd recommend purchasing Minecraft instead of getting it illegally. There are a few cracked versions out there, and I've tested them myself. They're not as fast as the actual Minecraft and don't have many of the features the real Minecraft has... $24.75 for Minecraft at the moment...
I few seconds plus or minus, depending on how fast your computer is. (this does not count for the actual time it takes for minecraft to open, just for it to load, this also does not count if there is an update, then it will take as long as it would for it to update.)
You can press w twice and hold it and it will make you sprint.
This question depends on a couple things. First, it depends on how fast your computer is. Second, it depends on how fast your internet connection is.