Hey there Chel - as a female, I am here to tell you that what you are talking about losing, your virginity, is more precious to you than you will know until you no longer have that standing. I know at 14, a person can feel great love for a person. I do not doubt that you have deep feelings for this boy. However, I hope you will place more emphasis on your self-respect than you do on what he or any friends might say.
I know you are probably wanting to experience life, so to speak. That is normal. We have a sexual drive and in my opinion are given this as a gift to be used at the appropriate time to become one with another person and to drive us to create life. You have so much in front of you to experience before you give this part of yourself to another person. As with any gift, we have a choice as to when to use it and how to regard it.
Once a girl has given themselves to a guy, too many times, the guy moves on to experience another and another and leaves young girls confused and feeling depressed that they gave away something so precious to someone who regarded it with so little respect. Also, once a girl has experienced having sex, it is doubtful they will stop with that one experience and wait. Too many times, the girl goes on to be with others also. I am not saying you would. Please do not misunderstand. I think you feel like this is the right person for you and he probably is for right now: the right person to date, to have fun with, to share with, to confide in, to cry with at times, to experience a dating relationship with, on which you will build a foundation on which to build future relationships on, but not to share the part of your body and soul that is uniquely yours and precious.
I know young girls are having sex at earlier ages now but believe me when I say that having sex and making love are two completely different experiences and making love comes later in your life, when you have grown in maturity, your ability to love will have grown.
Peer pressure can feel scary. It wasn't for me just by way of my stubborn streak of standing firm in what I wanted for my life. I would just dig my heels in so to speak and stand my ground. But peer pressure can weigh heavy on anyone. Not everyone is as stubborn as me! LOL I also think perhaps peer pressure is stronger in this area now because we see so much on TV and movies, etc. that it seems because it is so 'out there' it must be okay.
One should learn the art of touching hands and looking deep into each other's eyes and reading what kind of person this is. One should learn the art of kissing, delicately and with much commitment, not just to get from one step to the other. This should all be given time to be developed over a period of years of dating, having fun, learning about yourself and others. One should learn to know the boundaries of when to stop before getting to the place of giving in or pursuing. Too many times it is left up to the female to say when to stop, not always but most guys won't stop unless asked to. It should not get that far right now.
Please give yourself time to just have fun, date, run around with your friends. The is the only body you will have. Choose well. : )