diff --git a/core/src/main/java/io/bitsquare/btc/WalletService.java b/core/src/main/java/io/bitsquare/btc/WalletService.java
index 6f8f52efd8..7c84d48176 100644
--- a/core/src/main/java/io/bitsquare/btc/WalletService.java
+++ b/core/src/main/java/io/bitsquare/btc/WalletService.java
@@ -21,6 +21,7 @@ import com.google.common.collect.ImmutableList;
 import com.google.common.util.concurrent.FutureCallback;
 import com.google.common.util.concurrent.Futures;
 import com.google.common.util.concurrent.Service;
+import io.bitsquare.app.Log;
 import io.bitsquare.btc.listeners.AddressConfidenceListener;
 import io.bitsquare.btc.listeners.BalanceListener;
 import io.bitsquare.btc.listeners.TxConfidenceListener;
@@ -538,12 +539,14 @@ public class WalletService {
 
         @Override
         protected void progress(double percentage, int blocksLeft, Date date) {
+            Log.traceCall("percentage=" + percentage);
             super.progress(percentage, blocksLeft, date);
             UserThread.execute(() -> this.percentage.set(percentage / 100d));
         }
 
         @Override
         protected void doneDownload() {
+            Log.traceCall();
             super.doneDownload();
             UserThread.execute(() -> this.percentage.set(1d));
         }
diff --git a/gui/src/main/java/io/bitsquare/gui/main/MainViewModel.java b/gui/src/main/java/io/bitsquare/gui/main/MainViewModel.java
index 58a32bb75c..9609bdeb3c 100644
--- a/gui/src/main/java/io/bitsquare/gui/main/MainViewModel.java
+++ b/gui/src/main/java/io/bitsquare/gui/main/MainViewModel.java
@@ -21,6 +21,7 @@ import com.google.inject.Inject;
 import io.bitsquare.alert.Alert;
 import io.bitsquare.alert.AlertManager;
 import io.bitsquare.app.BitsquareApp;
+import io.bitsquare.app.Log;
 import io.bitsquare.app.Version;
 import io.bitsquare.arbitration.ArbitratorManager;
 import io.bitsquare.arbitration.Dispute;
@@ -241,7 +242,7 @@ class MainViewModel implements ViewModel {
                 walletServiceErrorMsg.set("You lost the connection to all bitcoin peers.");
             else if ((int) oldValue == 0 && (int) newValue > 0)
                 walletServiceErrorMsg.set(null);
-            
+
             numBTCPeers = (int) newValue;
             setBitcoinNetworkSyncProgress(walletService.downloadPercentageProperty().get());
         });
@@ -561,9 +562,10 @@ class MainViewModel implements ViewModel {
     }
 
     private void setBitcoinNetworkSyncProgress(double value) {
+        Log.traceCall("btcSyncProgress=" + value);
         btcSyncProgress.set(value);
         String numPeers = "Nr. of peers: " + numBTCPeers;
-        if (value >= 1) {
+        if (value == 1) {
             stopBlockchainSyncTimeout();
             btcSplashInfo.set(numPeers + " / synchronized with " + btcNetworkAsString);
             btcFooterInfo.set(numPeers + " / synchronized with " + btcNetworkAsString);
@@ -576,7 +578,8 @@ class MainViewModel implements ViewModel {
             btcSplashInfo.set(numPeers + " / synchronizing with " + btcNetworkAsString + ": " + percentage);
             btcFooterInfo.set(numPeers + " / synchronizing " + btcNetworkAsString + ": " + percentage);
 
-        } else {
+        } else if (value == -1) {
+            // not ready yet
             btcSplashInfo.set(numPeers + " / connecting to " + btcNetworkAsString);
             btcFooterInfo.set(numPeers + " / connecting to " + btcNetworkAsString);
         }