Here is a quick tutorial which shows the basics on setting up your GoPro to take timelapse shots at certain intervals, and how to edit them using a Mac. While we use Final Cut Pro for our editing, you can easily do the full edit of the timelapse simply by using QuickTime Pro.
Side note: we flipped the video 180-degrees in this video using FCP, but you can actually do that in QuickTime as well, using the "Movie Properties" window.
For cooler timelapse movies, check out our camalapse product at camarush.com
http://www.aurora3dsoftware.com/ You can import image sequence into Final Cut Pro X perfectly. you can change the still image duration to 0.01s or other duration you want. you can import image sequence with transparent background. This is a great tutorial!