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It's not about how much time you spend here everyday. It is about the quality of your answers and questions. Of course, the more positively rated answers you give, the higher you will be rated. There is a point to the "points" system on AnswerBag. By allowing all users to rate answers and questions, certain people will be distinguished above others as being known for giving reliable answers. When a level 30 person rates your answer, you will get many more (positive or negative) points for this rating than you would from a rating from a level 10 person. The points simply give more weight to the ratings and answers given by higher level Answerbaggers. You can check to see how many points your own rating are worth by going to your profile page. At the top left, there will be a table which lists what your positive/negative ratings are worth.
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