Given a quantum system with a hamiltonian $H$, if initial state of a physical object is $|\psi\rangle $, then state after time $dt$ is $e^{iH\cdot dt}|\psi\rangle$. It is easy to see that $|\langle\psi | e^{iH\cdot dt}|\psi\rangle|^2$ is at least $1-\|H\|\cdot dt$, where $\|H\|$ is the norm of the hamiltonian (or its largest eigenvalue).
Now consider a point particle moving on a line. Its position changes from $x$ to $x+ dx$ in arbitrary small time $dt$. But in quantum mechanics, the states $|x\rangle$ and $|x+dx\rangle$ are mutually orthogonal. Then how can a physically reasonable hamiltonian $H$ describe a transition from $|x\rangle$ to $|x+dx\rangle$, without having infinite norm (that is $\| H\| \rightarrow \infty$, so that the equation $1-\|H\|\cdot dt = 0$ can be satisfied for arbitrarily small $dt$) ? Does this mean that when dealing with point particles, we need hamiltonians of infinite norm and conversely, when dealing with systems with hamiltonians of finite norm, we cannot have point particles?