It’s 2013: Where’s our Instagram for video?

My understanding was Vine is more Insta-video-gram, the limitation (though they will probably start adding filtering, and you can chop things up) of 6 seconds of a scene. Which is sort-of a real-time Gif (lifted that from the Wired article): http://www.wired.com/gadgetlab/2013/02/why-vines-going-to-gr...