I didn't lose my virginity until I was 18. Now, I understand the peer pressure to have sex with someone, really I do. The truth is, you really don't have anything to lose by waiting until it is with someone you care about.
Do you really want to risk catching a disease or impregnating a woman you barely know, let alone don't really want to be around in the first place?
My first time was w/ someone I cared about. You can make up for a lot of experience by simply doing reading on the female anatomy and learning to place pleasing her needs before your own when it comes to getting your rocks off.
"Well, then," the Cat went on, "you see a dog growls when it's angry, and wags its tail when it's pleased. Now I growl when I'm pleased, and wag my tail when I'm angry. Therefore I'm mad."