If you're a GIF fanatic, Instagiffer is a tool designed especially for you: you can use it to create animations directly from YouTube videos without even having to download them. You can also use the program with videos that you have stored on your hard drive, or even with a screencast.
Give your imagination free rein with Instagiffer, and create GIFS no matter where the video comes from. Your animations will be easy to make, since you only have to specify the start time and duration that you want each animation to have.
Selecting start time and duration is measured in minutes, seconds, and tenths of a second, so you have complete control over your final product. Instagiffer also includes additional options that enable you to change the quality and aspect of the GIF until you are pleased with the results.
With this tool, you can change the number of frames per second, modify the overall size, add effects, and even add text to the GIF.
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the application is really funaaaaa