Googlebot can't access your site

Just logged into my webmaster tools account and under "New and important" a message popped up:

Googlebot can't access your site

Quote:Over the last 24 hours, Googlebot encountered 94 errors while attempting to access your robots.txt. To ensure that we didn't crawl any pages listed in that file, we postponed our crawl. Your site's overall robots.txt error rate is 16.3%.
You can see more details about these errors in webmaster tools.

What is this mean? Is it something that will have a negative effect on my seo?

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A typical case of website down! If your site is working fine then it was most likely due to your being down for a long period of time get better hosting if this issue continues because if it happens once or twice then it will have no effect on your SEO but if it repeats every day then Google will penalize the site!

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