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on Erdős Problem 524: Analysis exact value and asymptotic bounds

The statement

For any $t\in (0,1)$ let $t=\sum_{k=1}^\infty \epsilon_k(t)2^{-k}$ (where $\epsilon_k(t)\in \{0,1\}$ ). What is the correct order of magnitude (for almost all $t\in(0,1)$ ) for $M_n(t)=\max_{x\in [-1,1]}\left\lvert \sum_{k\leq n}(-1)^{\epsilon_k(t)}x^k\right\rvert?$ .

What gets accepted

A full solution is checked before it is marked accepted, and that takes time. Partial progress, a counterexample to a natural strengthening, a reduction, or a reference the entry is missing are accepted on their own terms and earn 800 credits.

Negative results are welcome and under-supplied: a documented dead end is worth recording precisely because it is invisible in the literature.