I have a quaternion $q(t)$ that is a function of $t$ and a vector $v(t)$ that is a function of $t$ and I rotate the vector by the quaternion: $f(t) = q(t) v(t) q^*(t)$ but now I want to find the derivative (and second derivative) of $f(t)$.
Specifically, $v(t)$ is a polynomial with vector coefficients and $q(t)$ I have in the form of an initial quaternion $q_0$ with angular velocity and angular acceleration in axis magnitude form.
I see I may be able to get the derivative of $q(t)$ by this formula $dq/dt = 1/2 w q$ (where w appears to be in the form I have it, thought its not clear). If that works, is it then a matter of applying the derivative product rule to $q v q^*$ to get $q (v {q^*}' + v' q^*) + q' (v q^*)$? If so, would the vectors be pure quaternions and addition would be elementwise and all the multiplications Hamilton?
First: this is only a pure rotation for unit quaternions. For a general $q\in H$ the result will be scaled by $|q|^2$.
Now, the bottom line up front: $\dot{f}$ is the inertial derivative of $v$ when $v$ is seen in a rotating reference frame whose instantaneous angular velocity $\omega$ satisfies $\dot{q} = \frac{1}{2}\omega q$.
The conjugation $(\cdot)\rightarrow q(\cdot)q^{*}$ is equivalent to the action $SO_3\times\mathbb{R}^3\rightarrow \mathbb{R}^3$ which puts $f = A(q)v$, where $A(q)$ denotes $SO_3$ parameterized by the unit quaternions. Since $q= q(t)$ we also have $A = A(t)$ and thus find $$\dot{f} = \dot{A}v + A\dot{v},$$ which you can work out is equivalent to the derivative of a vector in a rotating frame (with the right picture chosen for passive vs. active rotations). You can find more info on rotating frame derivatives here and I recently answered a similar question which connects them at Can quaternions be used to represent rotation rate?.
Your way would be to evaluate the derivative directly to obtain the formula
which (to my knowledge) there's nothing wrong with per se, but writing $v = v_1i+v_2j+v_3k$ as a pure quaternion and evaluating the RHS you should check that you end up with the same derivative in a rotating frame.