bitcoind not booting, tons of output in debug.log file running $ bitcoind -server just hangs, when I look at my debug.log file it's going really crazy:

2016-03-19 01:26:51 UpdateTip: new best=00000000000005f9ff6fe1e9e19f6f64dd9c1167077b7de4b93146df2e6f1004  height=192099  log2_work=68.48247  tx=5576861  date=2012-08-03 09:07:41 progress=0.022371  cache=46.6MiB(128445tx)


The docs show me that running bitcoind should have asked me to set a password, but I never got that. Is something going wrong? Thanks
Turns out that $ bitcoind is just downloading the blockchain, the docs here: https://bitcoin.org/en/full-node seem to be incorrect. :\