I start by giving credit to DRUMBUM11 for his meathod used in his instructible http://www.instructables.com/id/Stretchable-Paracord-Bracelet/
. His project does not include the elastic band that I use in this project. I am simply expanding on his project.
I have made a lot of paracord bracelets in the past few months and I have found connecting the buckle to be troublesome and in the end I have burns and, because of the curved buckles I was using, you could never wear both sides of the bracelet (I always use two colors). Using this technique there is no buckle or knots, you can use both sides of the bracelet and its as easy to put on as slipping it over your hand!