[ltc08@box bitcoin]$ src/bitcoind -datadir=~/not/a/valid/path
Error: Specified directory does not exist
: Error initializing block database.
Do you want to rebuild the block database now?
Pull Request #2648 added what seems to be an unintended error message to this error condition. Not a big deal, but it would just be confusing to users as the actual error message is printed above the false prompt that actually isn't a prompt.