I was there in 2016. The entire valley, including the roads, had been transformed into an immense parking lot. There were people from all over the world trying to photograph this phenomenon. The conditions seemed perfect for it: the waterfall was there, the sun out --- and yet it didn't happen. A few high clouds in front of the sun meant that the light wasn't strong enough to bring out the effect.
It's hard for the NPS to know how to deal with the crowds that come to see this thing. There were some limitations posed on who could park where in the last few years. I'm not sure what they did this year, but there were just way too many people going into the valley to stand by and do nothing as the whole landscape gets stampeded by hordes.
My failed attempt to capture the darn thing, compliments of the K-5iis + M 75-150: