Madcrazyroyboy - Why?
Mr. D - Fireworm is actually just as generic a term as bristleworm.
There are thousands of species of bristleworm/fireworm. And many dozens end up in aquariums. The most common by far is Eunicide complanata. In fact, I believe that is what is shown in the first picture. Perfectly harmless to fish, shrimp, crabs, corals, sponges, anemones, copepods, amphipods..... you get the picture.
The "fireworm" Mr. D was most likely referring to is the Caribbean Bearded Fireworm (google it. It's a big, bad, easily identifiable mofo) that is indeed a predator of octocorals, specifically gorgonians. They essentially deepthroat a gorgonian branch and gum it to death. They also have no fear of the light or fish and will not hide during the day at all. If you have one, you'll know it. It's really easy.
There are a few other, very rare (in aquaria) species such as the Bobbit worm, but I'd say 999 times out of 1,000 the worm you are seeing is harmless. And probably 99 out of 100, it's E. complanata.