bfoale: hi and welcome to the forum
the all white you speak of sounds like overexposure
when you slowed the shutter speed down, did you just pick an arbitrary value?? or did you measure the light and set it??
you will find that the d70 has quite accurate metering. I would recomment using matrix metering to start with and stop the aperture down a long way and use the slowest ISO possible.
I usually set manual
mode and adjust the shutter speed for correct exposure. I also set the camera to display highlights so I see any areas of overexposure blinking ( or use the histogram feature)
Waterfalls can be tricky things to shoot. The test ones showing water blur are often taken later in the day when the light isnt as bright, allowing for longer exposures without overexposure
If you try to do this in full sunlight, long exposures wont be possible,
A solution in this case would be thing called a neutral density filter, which basically reduces the amount of light let in the lens allowing for longer exposures.
Also I find that the amount of water flowing determines how long a shutter speed I need to use to achieve the desired milky effect I am after.
A large volume of water flowing sometimes looks unattractive with too long an exposure and would need shorter exposure.
This is where you take a few shots using different settings and pick the one which most pleases you.
hope this helps
Steve