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So one of my friend suddenly asked, can i make a bracelet like this? http://imgbox.com/9HML359p and i said, yes, since it looks like a simple alpha bracelet.

But then my friend & i realized... The color on the string & bracelet body are different. The strings are white & light purple, while the body is white & dark purple. I also noticed the beginning & end of the bracelet's body are... Kinda different...? It's triangle & does not seems like from an overhand knot. So i'm actually curious as to how to make the bracelet with colors like in the picture.

This tutorial explains how to make alphas. If you use the substitution technique you can make the bracelet in any color you like. The base-strings do not make knots so you can choose any color you like for these, too.

This tutorial shows how to make the V-shaped ends.

Ooo interesting! I will try to do some experiments later. Thanks for the answer! :D