OS X Screencast to animated GIF

To capture the video, using the free "QuickTime Player" application:

To convert in.mov into out.gif, open Terminal to the folder with in.mov and run the following command:

ffmpeg -i in.mov -s 600x400 -pix_fmt rgb24 -r 10 -f gif - | gifsicle --optimize=3 --delay=3 > out.gif

Notes on the arguments:

The conversion process requires the following command-line tools:

If you use homebrew and homebrew-cask software packages, just type this in:

brew install ffmpeg 
brew cask install x-quartz #dependency for gifsicle, only required for mountain-lion and above
open /usr/local/Cellar/x-quartz/2.7.4/XQuartz.pkg # runs the XQuartz installer
brew install gifsicle