i think its a little too frillly to be a button polyp, but then again a little discolored to be an aiptasia......fishtanker, that is definately a majano anemone in your pic, as Michael has pointed out....majanos do have a nasty little sting to them and reproduce but not as rapidly as aiptasia, however the bad thing is that nothing eats them, like pep shrimp do with aiptasia....the only way to kill them is by injecting them with kalkwasser! New BEReefer, it could very well be a majano that you have that is still a baby....id give it some time and see what happens....if it is nasty you can always kalk it later!
good luck
jon