diff --git a/src/init.cpp b/src/init.cpp
index 7fc76161d..18a1d38e6 100644
--- a/src/init.cpp
+++ b/src/init.cpp
@@ -1339,23 +1339,6 @@ bool AppInit2(boost::thread_group& threadGroup, CScheduler& scheduler)
     // ********************************************************* Step 7: load block chain
 
     fReindex = GetBoolArg("-reindex", false);
-    bool checkval,fAddressIndex,fSpentIndex;
-    fAddressIndex = GetBoolArg("-addressindex", DEFAULT_ADDRESSINDEX);
-    pblocktree->ReadFlag("addressindex", checkval);
-    if ( checkval != fAddressIndex  )
-    {
-        pblocktree->WriteFlag("addressindex", fAddressIndex);
-        fprintf(stderr,"set addressindex, will reindex. sorry will take a while.\n");
-        fReindex = true;
-    }
-    fSpentIndex = GetBoolArg("-spentindex", DEFAULT_SPENTINDEX);
-    pblocktree->ReadFlag("spentindex", checkval);
-    if ( checkval != fSpentIndex )
-    {
-        pblocktree->WriteFlag("spentindex", fSpentIndex);
-        fprintf(stderr,"set spentindex, will reindex. sorry will take a while.\n");
-        fReindex = true;
-    }
 
     // Upgrading to 0.8; hard-link the old blknnnn.dat files into /blocks/
     boost::filesystem::path blocksDir = GetDataDir() / "blocks";
@@ -1416,6 +1399,28 @@ bool AppInit2(boost::thread_group& threadGroup, CScheduler& scheduler)
     LogPrintf("* Using %.1fMiB for chain state database\n", nCoinDBCache * (1.0 / 1024 / 1024));
     LogPrintf("* Using %.1fMiB for in-memory UTXO set\n", nCoinCacheUsage * (1.0 / 1024 / 1024));
 
+    if ( fReindex == 0 )
+    {
+        bool checkval,fAddressIndex,fSpentIndex;
+        pblocktree = new CBlockTreeDB(nBlockTreeDBCache, false, fReindex, dbCompression, dbMaxOpenFiles);
+        fAddressIndex = GetBoolArg("-addressindex", DEFAULT_ADDRESSINDEX);
+        pblocktree->ReadFlag("addressindex", checkval);
+        if ( checkval != fAddressIndex  )
+        {
+            pblocktree->WriteFlag("addressindex", fAddressIndex);
+            fprintf(stderr,"set addressindex, will reindex. sorry will take a while.\n");
+            fReindex = true;
+        }
+        fSpentIndex = GetBoolArg("-spentindex", DEFAULT_SPENTINDEX);
+        pblocktree->ReadFlag("spentindex", checkval);
+        if ( checkval != fSpentIndex )
+        {
+            pblocktree->WriteFlag("spentindex", fSpentIndex);
+            fprintf(stderr,"set spentindex, will reindex. sorry will take a while.\n");
+            fReindex = true;
+        }
+    }
+    
     bool fLoaded = false;
     while (!fLoaded) {
         bool fReset = fReindex;